Business

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...

The post VIS Reaffirms Ratings of Primus Leasing Limited. appeared first on Pakistan Business News.

Karachi: Pakistan's remittance inflows have continued their upward trajectory in October 2024, surpassing the US$3 billion mark with a substantial 24% year-on-year increase. This marks only the fourth instance in the nation's history where monthly rem...

The post Pakistan’s Remittance Inflows Surpass US$3bn Mark in October 2024. appeared first on Pakistan Business News.

Islamabad: Bank Alfalah, a leading commercial bank in Pakistan, has relaunched its e-commerce platform, AlfaMall, which is now the country's largest formal Buy Now, Pay Later (BNPL) marketplace. The relaunch introduces a BNPL option for the fashion ca...

The post Bank Alfalah Relaunches AlfaMall with Fashion BNPL and Artisanal Support. 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.