Karachi: Fauji Cement Company Ltd. (FCCL) has reported a notable increase in its third-quarter earnings for the fiscal year 2025, with profits rising to PkR2.1 billion, a 21% year-on-year increase. The improvement, however, fell short of analyst expec…

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, indicating stability in interest rates across different tenors. The data, published for April 24, 2025, reveals slight variations in the bid and of…

Islamabad: Khushhali Microfinance Bank (KMBL) has successfully concluded its participation in the Pakistan Financial Literacy Week (PFLW) 2025, highlighting its ongoing commitment to enhancing financial awareness and promoting inclusion nationwide.

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Karachi: The Exchange Companies Association of Pakistan reported on April 24, 2025, that the U.S. dollar and euro saw modest increases in the open market exchange rates. According to the association’s data, the U.S. dollar closed at a buying rate of 2…

Karachi: Lucky Cement Ltd (LUCK), Pioneer Cement Ltd (PIOC), and Attock Cement Pakistan Ltd (ACPL) are expected to report varying earnings performances for the third quarter of fiscal year 2025, according to projections from JS Global.

LUCK is antic…

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Tower Power (Private) Limited (TPL) at ‘A-/A2’. These ratings reflect a good credit quality with adequate protection factors and a stable outlook, according to a pre…

Karachi: VIS Credit Rating Company Limited has reaffirmed the medium to long-term Sukuk ratings of Sitara Chemical Industries Limited (SCIL) at ‘AA-‘ (Double A Minus). This rating indicates high credit quality with strong protection factors, though ri…

Karachi: International Steel Ltd (ISL) reported a significant decline in its third-quarter earnings for fiscal year 2025, largely due to reduced flat steel prices and lower gross margins. The company announced a net profit after tax (NPAT) of PkR417 m…

Karachi: The Korangi Association of Trade and Industry (KATI) has expressed optimism about Prime Minister Shehbaz Sharif’s official visit to Turkiye. Junaid Naqi, the president of KATI, described the visit as a significant step toward enhancing econom…