Business

Sahiwal: Saif Power Ltd (SPWL) reported a 49% decrease in revenue for the calendar year 2024, as outlined in its recent analyst briefing. The company's revenue dropped to PkR9.7 billion, attributed to a lower plant utilization rate of 8.23%, compared ...

Sahiwal: Saif Power Ltd (SPWL) reported a 49% decrease in revenue for the calendar year 2024, as outlined in its recent analyst briefing. The company's revenue dropped to PkR9.7 billion, attributed to a lower plant utilization rate of 8.23%, compared ...

Karachi: Inflation in Pakistan is forecasted to reach 3.4 percent year-over-year in May 2025, according to a report by AKD Securities Limited. This marks an increase from April's record low of 0.3 percent year-over-year. The rise is attributed to incr...

Karachi: Adamjee Life Assurance Company Ltd (ALIFE) reported a 71% increase in earnings for the calendar year 2024, reaching PkR1.6 billion compared to the previous year's PkR0.9 billion. This rise was mirrored by a jump in earnings per share from PkR...

Karachi: The Government of Pakistan, in collaboration with Meezan Bank and the Pakistan Stock Exchange, has introduced its inaugural sovereign Green Sukuk. This marks a significant step forward in sustainable and Shariah-compliant public financing. ...

Kuala Lumpur: The Bank of Azad Jammu and Kashmir has entered into a strategic partnership with Silver Lake Axes, a leading Malaysian company, to advance its digitalization efforts. The collaboration was formalized through a Memorandum of Understanding...

Lahore: Pak Elektron Limited (PAEL) has announced ambitious targets for financial growth, aiming for a gross revenue of approximately Rs95 billion by the calendar year 2025. This represents an expected increase of 36% year-over-year, driven chiefly by...