AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Lahore: The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has expressed strong support for the Federal Board of Revenue's (FBR) decision to retract certain tax measures initially proposed in the Federal Budget 2025-26. This move is se...
Read More »Mari Energies Ltd Surpasses Earnings Expectations Amid Tax Rate Reduction
Karachi: Mari Energies Ltd (MARI) has reported an 18% increase in its quarterly earnings, reaching Rs15.69 per share in the fourth quarter of fiscal year 2025. This rise, driven largely by a significant decrease in the effective tax rate, has defied i...
Read More »Lucky Cement Posts 39% Profit Decline Due to Absence of Dividend Income
Karachi: Lucky Cement Ltd. reported a 39% year-over-year decline in its standalone earnings for the fourth quarter of fiscal year 2025, primarily due to the absence of dividend income from its subsidiary, LEPCL. Earnings for the quarter stood at PKR 5...
Read More »inDrive Partners with Essa Labs to Offer Drivers Significant Discounts on Medical Tests
Islamabad: inDrive, a global mobility and urban services platform, has announced a collaboration with Essa Labs to provide its driver community with discounts of up to 40% on a wide range of diagnostic tests. This initiative is intended to support the...
Read More »Pakistan Oilfields Reports 38% Decline in Annual Earnings Amid Increased Exploration Costs
Islamabad: Pakistan Oilfields Limited (POL) reported a significant decline in its annual earnings for the fiscal year 2025, marking a 38% year-on-year decrease to Rs85.19 per share. However, the company experienced a 9% quarter-on-quarter growth in ea...
Read More »Automobile Sales Expected to Grow 21% Year-on-Year Amidst Challenges
Karachi: Automobile sales are projected to experience a significant 21% year-on-year growth in July 2025, despite reaching the lowest monthly volumes since August 2024. This increase is anticipated for the three major players in the market: Indus Moto...
Read More »Fauji Cement’s Profits Surge Amid Higher Margins
Karachi: Fauji Cement Company Ltd. (FCCL) reported a significant increase in its fourth-quarter fiscal year 2025 earnings, showcasing a profitability of PKR 3.9 billion, a threefold rise compared to the same period last year. The result exceeded expec...
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