Business

Lahore: Pioneer Cement Limited (PIOC) held a corporate briefing session to discuss its financial results for FY24 and the first quarter of FY25, highlighting its commitment to debt reduction and cost efficiencies. The company reported a 92% year-on-ye...

The post Pioneer Cement Focuses on Debt Reduction and Cost Efficiencies Amid Strong Earnings Growth appeared first on Pakistan Business News.

Lahore: Panther Tyres Ltd. (PTL) held its corporate briefing, revealing a significant 38% year-over-year increase in its FY24 revenue, reaching PkR29.5 billion compared to PkR21.4 billion in FY23. The company attributed this growth to increased volume...

The post Panther Tyres Ltd. Reports 38% Increase in FY24 Revenue Amid Volumetric Growth appeared first on Pakistan Business News.

Lahore: Ferozsons Laboratories Limited (FEROZ) experienced a substantial 28% increase in revenue for the fiscal year 2024, reaching PkR12.7 billion compared to PkR9.9 billion in the previous fiscal year. This growth was driven by a 20% rise in volume ...

The post Ferozsons Laboratories Reports 28% Revenue Increase in FY24, Faces Decline in 1QFY25 Earnings appeared first on Pakistan Business News.

Karachi: BF Biosciences Limited (BFBIO) announced a significant 102% growth in its FY24 revenue, reaching PkR3.7 billion compared to PkR1.8 billion in FY23. This growth was attributed to an 84% increase in volumes and an 18% rise in prices, with Antif...

The post BF Biosciences Limited Reports 102% Growth in Annual Revenue Amidst Strategic Expansions appeared first on Pakistan Business News.

Karachi: Currency exchange rates in Pakistan experienced slight changes between November 26 and November 27, 2024, with minor fluctuations observed in the buying and selling rates of major foreign currencies.

According to Exchange Companies Associa...

The post Currency Exchange Rates Show Slight Fluctuations in Major Currencies appeared first on Pakistan Business News.

Karachi: The Searle Company Ltd. (SEARL) announced a 14% year-on-year increase in revenue for the fiscal year 2024, reaching PkR29.4 billion, driven by deregulation of non-essential drugs and a one-time price increase for essential drugs. Despite the ...

The post Searle Reports Revenue Growth Amidst Losses and Expands International Reach appeared first on Pakistan Business News.

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has called on cellular companies to address ongoing network issues that are reportedly causing significant financial losses for businesses. During a meeting with Pakistan Telecommunication Aut...

The post Lahore Chamber Urges Cellular Companies to Resolve Network Issues Affecting Business Operations appeared first on Pakistan Business News.