Business

Karachi: The newly appointed Turkish Ambassador to Pakistan, Mr. Irfan Neziroglu, recently paid a visit to the Dawlance head office in Karachi to discuss potential investment opportunities between the two countries. The meeting, attended also by the C...

The post Turkish Ambassador Explores Investment Opportunities with Dawlance in Karachi appeared first on Pakistan Business News.

Karachi: Mughal Iron & Steel Industries Limited (MUGHAL) held a corporate briefing to discuss the financial results for the fiscal year 2024 and future projections. The company reported a 43% year-over-year decline in earnings amounting to Rs2 bil...

The post Mughal Iron & Steel Projects Growth Despite Earnings Decline appeared first on Pakistan Business News.

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the Broker Fiduciary Rating (BFR) of Spectrum Securities Limited at BFR 3+ with a stable outlook. The decision, disseminated on November 21, 2024, reflects the company's continu...

The post PACRA Affirms Stable Rating for Spectrum Securities Limited appeared first on Pakistan Business News.

Karachi: Jazz has signed a three-year frame agreement with ENA, a subsidiary of JBS, to provide precision cooling solutions for its data centers, aiming to ensure top-tier connectivity services and contribute to sustainability goals.

According to J...

The post Jazz Partners with ENA for Precision Cooling in Data Centers appeared first on Pakistan Business News.

Karachi: Oil and Gas Development Company Limited (OGDCL) has credited the first interim cash dividend of Rs 3.00 per share to its shareholders for the period ending September 30, 2024. The payment was electronically deposited into the designated bank ...

The post Oil and Gas Development Company Credits Interim Dividend to Shareholders appeared first on Pakistan Business News.

Karachi: Pakistan's banking sector has reached a new milestone, reporting record-high core income and bottom-line figures for the third quarter of the calendar year 2024. This marks a significant rebound following a brief pause in growth during the fi...

The post Pakistan Banking Sector Posts Record-High Income in Third Quarter appeared first on Pakistan Business News.

Karachi: KTML has reported a significant growth in earnings per share (EPS) of 76% year-over-year (YoY) for fiscal year 2024, driven by revenue increases in its spinning, weaving, and home textile segments, as well as stronger cement operations. Howev...

The post KTML Reports Mixed Earnings Amid Competitive Pressures and Operational Shifts appeared first on Pakistan Business News.