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 »FrieslandCampina Engro Pakistan Reports Decline in Dairy Sales Amid Tax Challenges
Karachi: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first quarter of 2025, revealing a 5.3% decline in net sales compared to the same period last year. The company attributed this downturn to the imposition...
Read More »Maple Leaf Cement Sees Strong Earnings Boost Amid Price Hikes and Tax Relief
Lahore: Maple Leaf Cement Factory Ltd. (MLCF) reported a significant increase in its earnings for the third quarter of fiscal year 2025, driven by higher cement prices and a reduction in taxation. The company announced consolidated earnings of PKR 2.8...
Read More »PACRA Adjusts Ratings of Alfalah Securities Amid Ownership Changes
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has updated the entity ratings of Alfalah Securities (Private) Limited (ASPL), placing them on Rating Watch. ASPL, a mid-sized brokerage firm in Pakistan and a wholly-owned subsidiary of Bank ...
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