Business

This category covers all news related Business & Finance

FFBL Reports Significant Profit Growth Amid Strategic Changes.

Karachi: Fauji Fertilizer Bin Qasim Limited (FFBL) management held a corporate briefing yesterday to discuss financial performance for 3QCY24 and outlook. The briefing was presumably the last session conducted from the FFBL's platform before its amalg...

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Vivo Introduces Stylish and Durable Y19s Smartphone in Pakistan.

Karachi: vivo, a renowned technology brand, has unveiled its latest innovation in the Y series, the vivo Y19s, in Pakistan. This new smartphone combines seamless performance with engaging features in a compact design, positioning itself as the ideal s...

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CBD’s Celestia IT Tower Reaches Milestone with Completion of Initial Phases.

Lahore: The Central Business District Punjab (CBD Punjab) has reported notable progress in building the Celestia IT Tower, a key component within the CBD NSIT City project, Designed to support Punjab's expanding role in technology and innovation, the ...

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ATRL Reports Decline in Profit Amid Lower Production and GRM Reduction.

Karachi: ATRL has reported a decrease in net profit after tax (NPAT) for the fiscal year 2024, with figures reaching PkR25.2 billion, marking a 14% year-on-year decline. The decline was attributed to reduced production levels and a drop in gross refin...

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VIS Upgrades BMA Capital Management’s Broker Fiduciary Rating to ‘BFR2’.

Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the upgrade of the Broker Fiduciary Rating for BMA Capital Management Limited from 'BFR3++' to 'BFR2'. The outlook on this rating has been classified as stable. The BFR2 rating reflects the c...

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Currency Exchange Rates Show Slight Fluctuations Across Major Currencies.

KARACHI: The latest currency exchange rates reveal minor fluctuations in the buying and selling prices of major currencies including the US Dollar, Euro, British Pound, Japanese Yen, UAE Dirham, and Saudi Riyal.

According to Exchange Companies Assoc...

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VIS Maintains Entity Ratings of Kohinoor Mills Limited with Stable Outlook.

Karachi: VIS Credit Rating Company Limited ('VIS') has maintained the entity ratings of Kohinoor Mills Limited ('KML' or 'the Company') at 'BBB+/A2' (Triple B Plus/A Two). The medium to long-term rating of 'BBB+' indicates adequate credit quality, wit...

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