Business

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...

The post VIS Assigns Initial Entity Ratings to Ranipur Sugar Mills Limited. appeared first on Pakistan Business News.

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.

Islamabad: Developers and Infrastructure Company (Pvt) Limited, in collaboration with Zameen.com, has introduced an exclusive limited-time offer for buyers interested in RJ's Lifestyle Residences. This offer allows for the purchase of apartments, co...

The post Investors Secure Opportunity with Construction-Linked Payment Plan for RJ’s Lifestyle Residences. appeared first on Pakistan Business News.

Karachi: FFBL has reported a remarkable surge in profitability, posting a record profit of PkR18.6 billion in the first nine months of the calendar year 2024, marking a 52-fold increase year-over-year. This significant growth was primarily fueled by h...

The post FFBL Achieves Record Profitability of PkR18.6bn in 9MCY24, Driven by Higher DAP Margins and Increased Urea Offtakes. appeared first on Pakistan Business News.

Karachi: In recent currency exchange transactions, the US dollar and British pound have shown a strengthening trend against the Pakistani Rupee (PKR). USD buying and selling rates have increased slightly from 276.83 and 278.74 on November 8, 2024, to ...

The post Exchange Rates Fluctuate as USD and GBP Strengthen Against PKR. appeared first on Pakistan Business News.