Business

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...

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...

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. ...

Karachi: The Exchange Companies Association of Pakistan reported on April 24, 2025, that the U.S. dollar and euro saw modest increases in the open market exchange rates. According to the association's data, the U.S. dollar closed at a buying rate of 2...

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...

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...

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 ...