Business

KARACHI: Swedish companies operating in Pakistan are facing significant challenges due to high tax rates, energy prices, and difficulties in transferring foreign currencies, Ms. Alexandra Berg von Linde. In a meeting with the Karachi Chamber of Commer...

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Karachi: Meezan Bank, in partnership with BenchMatrix, has implemented the RiskNucleus® GRC Platform to bolster its Enterprise Technology Governance & Risk Management Framework (ETGRM). This initiative aims to strengthen compliance with the State ...

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Lahore: Maple Leaf Cement Factory (MLCF) recently shared insights from its corporate briefing, highlighting a notable 20% increase in consolidated earnings for fiscal year 2024, amounting to Rs6,891 million. However, the company experienced a 17% year...

The post Maple Leaf Cement Reports Mixed Financial Results and Strategic Initiatives appeared first on Pakistan Business News.

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) is advocating for the organization of international events to spur economic growth in Pakistan, drawing parallels with Germany's economic success through exhibitions and delegation exchanges. ...

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Karachi: Attock Cement Pakistan Ltd. (ACPL) has reported a substantial increase in its financial performance for the fiscal year 2024, driven by a combination of higher offtakes and strategic divestment activities. The company's topline increased to P...

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Karachi: Pakistan Cables Limited (PCAL) has had its entity ratings reaffirmed at 'A/A1' (Single A/A One) by VIS Credit Rating Company Ltd. (VIS), maintaining the medium to long-term rating at 'A' and the short-term rating at 'A1'. The outlook remains ...

The post VIS Reaffirms Ratings for Pakistan Cables Limited, Outlook Negative appeared first on Pakistan Business News.

Lahore: Maple Leaf Cement Factory Ltd. (MLCF) announced a 7% increase in its topline for FY24, reaching PkR66.4 billion, driven by improved retention prices. However, the company's utilization fell to 45% due to weaker demand and increased capacity,
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