Business

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.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Malir Expressway Limited (MEL) at 'A-/A2'.

According to VIS Credit Rating Company Limited, the medium to long-term rating of 'A-' signifies good credit quality with ade...

The post VIS Reaffirms Ratings for Malir Expressway Limited 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. ...

The post Lahore Chamber of Commerce and Industry Advocates International Events for Economic Growth appeared first on Pakistan Business News.

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...

The post Attock Cement Pakistan Ltd. Reports Significant Earnings Growth in FY24 appeared first on Pakistan Business News.

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,
...

The post Maple Leaf Cement Reports 7% Increase in Topline for FY24 appeared first on Pakistan Business News.

Karachi: National Bank of Pakistan (NBP) has become the first commercial bank in the country to enter into a co-badging agreement with 1LINK and Mastercard, marking a pivotal development in the advancement of digital payment solutions in Pakistan. Thi...

The post National Bank of Pakistan Signs Co-Badging Agreement with 1LINK and Mastercard appeared first on Pakistan Business News.