Karachi: The Korangi Association of Trade and Industry (KATI) has expressed optimism about Prime Minister Shehbaz Sharif's official visit to Turkiye. Junaid Naqi, the president of KATI, described the visit as a significant step toward enhancing econom...
Read More »Scotland’s Initiative to Connect Chinese Industries Through PCJCCI
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) hosted a visit from Prof. Dr. Alaa Garad, Pro Vice Chancellor of Scotland's Al-Maktoum College of Higher Education, who unveiled a trilateral partnership framework dubbed the "...
Read More »Systems Limited Projects Profit Surge Amid Strong Market Performance
Karachi: Systems Limited is poised to report a significant increase in net profit after tax (NPAT) for the first quarter of the calendar year 2025, according to a recent analysis by AKD Securities Limited. The company is expected to achieve an NPAT of...
Read More »State Bank of Pakistan Reports Exchange Rate Figures for Major Currencies
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 »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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