Karachi: The State Bank of Pakistan released the latest exchange rates for major currencies, reflecting the weighted average customer buying and selling rates as of April 24, 2025. The report provides insights into the local currency market dynamics a...
Read More »Engro Polymer Reports Loss Amid Market Challenges and Strategic Shifts
Karachi: Engro Polymer and Chemicals Limited (EPCL) presented its financial results for the first quarter of the calendar year 2025, revealing a loss of PkR825 million. This figure, though improved from the previous year's loss of PkR901 million, high...
Read More »Bank Al-Habib’s Earnings Climb in First Quarter Amid Provisioning Reversal
Karachi: Bank Al-Habib Limited (BAHL) reported a notable increase in profits for the first quarter of the calendar year 2025, driven by a significant reversal in provisioning. The bank announced a profit of PkR10.2 billion for the quarter, representin...
Read More »Currency Exchange Rates in Pakistan Witness Minor Fluctuations
Karachi: Currency exchange rates in Pakistan have experienced slight variations, according to data released on April 24, 2025, by the Exchange Companies Association of Pakistan. The report provides insights into the buying and selling rates of several...
Read More »Fauji Cement’s Profitability Surges 21% Amid Improved Margins
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...
Read More »KIBOR Rates Show Stability Across Tenors
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...
Read More »Khushhali Microfinance Bank Promotes Financial Literacy Across Pakistan
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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