Karachi: Daraz Pakistan has announced a strategic partnership with Unity Retail to streamline logistics operations for major brands across the nation. This collaboration marks a new chapter for Daraz as it extends its logistics services beyond its cor...
Read More »Pakistan’s Textile Sector Faces Profitability Challenges Amid Margin Pressures
Karachi: The profitability of Pakistan's textile sector is anticipated to decline by 12% year-on-year in the third quarter of fiscal year 2025, according to a report by AKD Securities Limited. The decrease is primarily attributed to reduced gross marg...
Read More »IPAK Sees Robust Revenue Growth Amid Economic Challenges
Karachi: International Packaging Films Limited (IPAK) Group has reported a 66% rise in revenues for the nine months ending March 31, 2025. This increase signifies both top-line expansion and bottom-line growth despite a challenging macroeconomic envir...
Read More »AGP Limited’s Profits Surge Amid Rising Drug Prices and Sales Volume
Karachi: AGP Limited is projected to report a substantial increase in its first-quarter earnings for the calendar year 2025, as per an analysis by JS Global. The pharmaceutical company is expected to post consolidated earnings of Rs861 million, markin...
Read More »Government Boosts Electric Vehicle Sector by Lifting Tariff Ceiling for Charging Stations
Islamabad: The federal government has announced a significant policy shift to promote the electric vehicle (EV) sector by setting a reduced base tariff of Rs 39.70 per unit for electricity consumed at EV charging stations. Operators of these stations ...
Read More »Mari Energies Ltd Sees Profit Growth Despite Increased Royalty Costs
Karachi: Mari Energies Ltd (MARI) reported its financial results for the third quarter of fiscal year 2025, revealing a net profit of PkR15.9 billion, equating to an earnings per share (EPS) of PkR13.25. This figure represents a 13 percent increase ye...
Read More »Fatima Fertilizer’s Steady Earnings Amid Revenue Decline and Margin Pressures
Karachi: Fatima Fertilizer Company Ltd. (FATIMA) released its financial results for the first quarter of 2025, demonstrating steady profitability despite facing challenges from reduced revenue and margin pressures. The company reported consolidated ea...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service