Karachi: Hub Power Company Ltd (HUBC) reported a significant decline in its earnings for the third quarter of fiscal year 2025, owing primarily to setbacks in its power purchase agreements. The company's net profit after tax (NPAT) stood at PkR11.0 bi...
Read More »Allied Bank Honored by UnionPay International for Debit Card Achievements
Islamabad: Allied Bank has been recognized by UnionPay International (UPI) with an award for the highest co-badged debit card issuance. This accolade highlights the bank's significant role in advancing digital payment solutions within Pakistan. The...
Read More »Interloop Ltd. Reports Substantial Profit Decline Amid Margin Squeeze and Tax Changes
Lahore: Interloop Ltd. (ILP) has released its financial results for the third quarter of fiscal year 2025, highlighting a significant drop in profitability. The company reported earnings of PkR1.3 billion, or PkR0.95 per share, marking a 68% decrease ...
Read More »Careem Receives Effie Award for Innovative Campaign
Islamabad: Careem, the leading ride-hailing service in Pakistan, has secured an Effie Award in the Software category. The accolade was given for the company's "Take Back Your Marzi with Flexi" campaign, showcasing its commitment to impactful and custo...
Read More »Burj Clean Energy Modaraba Receives Strong Initial Ratings from VIS
Karachi: VIS Credit Rating Company Limited has assigned initial entity ratings to Burj Clean Energy Modaraba (BCEM) of 'A/A1', indicating good credit quality and a strong likelihood of timely short-term obligation repayments. The outlook for these rat...
Read More »Fertilizer Slump Hits Engro Holdings’ Earnings, Dividend Omitted
Karachi: Engro Holdings Ltd. (ENGROH) has reported a significant decline in its first-quarter earnings for the calendar year 2025, with consolidated earnings falling to PKR 1.8 billion, or PKR 1.47 per share, compared to PKR 4.0 billion, or PKR 3.34 p...
Read More »Interloop Ltd. Prepares for Challenging Financial Announcement Amid Market Pressures
Lahore: Interloop Ltd. (ILP) is set to announce its financial results for the third quarter of fiscal year 2025 on April 29, 2025. Analysts expect the company to report earnings per share of Rs1.25, marking a significant year-over-year decline of 58% ...
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