Business

Karachi: VIS Credit Rating Company Ltd. (VIS) has maintained the Broker Management Rating of Mohammad Munir Muhammad Ahmed Khanani Securities Limited (MMMAKSL) at 'BMR2', while revising the outlook from 'Stable' to 'Negative'. This rating action follo...

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...

KARACHI: The Ethiopian Ambassador to Pakistan, Dr. Jemal Beker Abdula, has called on Karachi's business community to leverage Ethiopia as a strategic entry point into Africa's vast market of 1.5 billion people. Speaking at the Karachi Chamber of Comme...

Karachi: Hub Power Company Ltd (HUBC) is expected to report a notable decline in its net profit after tax (NPAT) for the third quarter of fiscal year 2025. The anticipated NPAT of PkR10.7 billion, translating to earnings per share (EPS) of PkR8.25, ma...

Karachi: JS Bank has reported a profit before tax of PKR 2.74 billion for the first quarter ending March 31, 2025. The bank's profit after tax was PKR 1.29 billion, with earnings per share recorded at PKR 0.63, a decrease from PKR 0.84 in the same per...

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...

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...