Business

Karachi: BankIslami, one of Pakistan's leading Islamic banks, has launched its revamped mobile app designed to enhance the banking experience with advanced security features and user-friendly functionality for customers nationwide. This upgrade aims t...

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Lahore: Lucky Cement posted standalone profitability of PkR6.6 billion (EPS: PkR22.4) in the first quarter of FY25, marking a 5% decline from PkR6.9 billion (EPS: PkR23.6) in the same period last year. This decrease is primarily attributed to a contra...

The post Lucky Cement Reports Mixed Financial Results for 1QFY25. appeared first on Pakistan Business News.

Spain: The International Union for Conservation of Nature (IUCN), in collaboration with Huawei Spain, the Center for Mediterranean Cooperation (IUCN Med), and the Sierra Nevada Natural Area, have announced the renewal of the Sierra Nevada National Par...

The post IUCN and Huawei Announce Sierra Nevada’s Green List Renewal and Tech4Nature Project Expansion. appeared first on Pakistan Business News.

Karachi: FCL has announced a significant rise in its Net Profit After Tax (NPAT) for the fiscal year 2024, reaching PkR1.89 billion, which translates to earnings per share of PkR3.0, marking a 9% year-on-year increase. This improvement was primarily a...

The post FCL Reports 9% YoY Increase in NPAT for FY24, Expects Revenue Growth in FY25. appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Primus Leasing Limited ('PLL' or the 'NBFC') at 'A+/A1' (Single A Plus/A One). The long-term rating of 'A+' indicates good credit quality with adequate protection fa...

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Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to Ranipur Sugar Mills Limited (RSML or the Company) of 'A-/A2' (Single A minus/A Two). A medium to long-term rating of 'A-' indicates good credit quality, with adequ...

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Switzerland: Tetra Laval, the conglomerate comprising Tetra Pak, Sidel, and DeLaval, has announced its commitment to aid those impacted by the recent floods in Spain's Valencia region. In a display of solidarity, the group has expressed its sympathy f...

The post Tetra Laval Pledges €350,000 to Support Flood Relief Efforts in Valencia, Spain. appeared first on Pakistan Business News.