Business

Karachi: The Exchange Companies Association of Pakistan released new currency exchange rates, reflecting ongoing fluctuations in the foreign exchange market. According to the association, the US dollar is being traded between USD 281.30 and 281.70, in...

Karachi: Honda Atlas Cars Pakistan Limited (HCAR) has reported a substantial increase in profitability for the second quarter of the fiscal year MY26, driven by a notable rise in sales volumes. The company announced a profit after tax of PKR 742 milli...

Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown slight variations in its latest update, reflecting a stable economic environment. The data, released by the State Bank of Pakistan and sourced from Refinitiv, indicates minimal changes acro...

LAHORE: Panther Tyres Limited is set to launch its first privately placed short-term Sukuk valued at PKR 2 billion, according to a press release by The Pakistan Credit Rating Agency Limited. The instrument is secured by a ranking charge over the compa...

Islamabad: Pakistan Oilfields Limited (POL) held a Corporate Briefing Session to discuss its financial results and future outlook. The company announced the commencement of gas production at its Razgir site, with plans to boost capacity by the end of ...

Karachi: Tata Textile Mills Ltd. (TATM), a leading textile spinning company, reported a significant decline in its fiscal year 2025 results during an analyst briefing today. The company, which operates manufacturing units in Karachi, Kotri, and Muzaff...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for several key currencies, indicating stable trading conditions amidst ongoing economic shifts. The data provided by the State Bank of Paki...