Business

Islamabad: Large Scale Manufacturing (LSM) in Pakistan recorded a 1.9% year-over-year decrease in September 2024, marking the second consecutive month of negative growth following a year-over-year increase in July 2024.

According to JS Global, desp...

The post Pakistan’s Large Scale Manufacturing Declines, Easing Measures Offer Hope appeared first on Pakistan Business News.

Karachi: Loads Limited reported a 4% decline in its topline for FY24, recording PkR4.4 billion compared to PkR4.5 billion in the previous fiscal year, attributed to reduced sales volume in the slowing auto industry. However, despite the decrease in re...

The post Loads Limited Reports Improved Earnings Amid Decline in Topline appeared first on Pakistan Business News.

Tando Allah Yar: OGDCL has successfully enhanced the oil and gas output of its Dars West-1 well in Tando Allah Yar, Sindh, following a strategic workover and recompletion in the Lower Goru formation. The initiative has resulted in a substantial increa...

The post OGDCL Boosts Production at Revitalized Dars West-1 Well in Sindh appeared first on Pakistan Business News.

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has pledged to address the challenges facing marriage halls by engaging with top government officials. This commitment was articulated by LCCI President Mian Abuzar Shad and Senior Vice Presid...

The post LCCI Pledges to Advocate for Marriage Halls’ Operational Flexibility. appeared first on Pakistan Business News.

Karachi: The textile sector in Pakistan faced significant financial challenges in the first quarter of the fiscal year 2025, with a reported 72% year-on-year decline in profitability among a sample of eight key companies. Despite a 9% growth in toplin...

The post Pakistan Textile Sector Reports 72% Decline in Profitability for 1QFY25. appeared first on Pakistan Business News.

Lahore: DG Khan Cement Company Limited (DGKC) conducted its corporate briefing to discuss recent financial results and future outlook. To recall, DGKC reported a Fiscal Year 2024 Earnings Per Share (EPS) of Rs1.24, a significant improvement compared t...

The post DG Khan Cement Company Limited Explores Export Markets Amid Sluggish Local Demand. appeared first on Pakistan Business News.

Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) underscored the essential role of public-private collaboration in tackling Pakistan's climate challenges at COP 29. The event featured a dialogue titled "Unlocking Pakistan's Cli...

The post OICCI Stresses Importance of Private Sector in Climate Resilience at COP 29. appeared first on Pakistan Business News.