Business

This category covers all news related Business & Finance

Bank Alfalah Reports 23.5% Profit Growth, Boosted by Non-Funded Income

Islamabad: Bank Alfalah Limited has released its financial results for the nine-month period ending September 30, 2024, showcasing a 23.5% increase in profit after tax compared to the same period last year. This performance translates into an earnings...

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KCCI Calls for FBR to Reassess Sales Tax Affidavit Requirement Amid Audit Concerns

Karachi: Muhammad Jawed Bilwani, the President of the Karachi Chamber of Commerce and Industry (KCCI), has made a formal appeal to the Federal Board of Revenue (FBR) to revise the requirement for submitting affidavits with sales tax returns, citing ...

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UNISAME Calls for Higher Quality Standards in Pakistan’s SME Sector

Karachi: The Union of Small and Medium Enterprises (UNISAME) emphasized the need for Pakistan’s SME sector to meet international standards and achieve high benchmarks during their meeting to commemorate World's Standard Day on October 14, 2024.

Acco...

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Icon Valley Phase II Introduces Flexible Payment Options to Attract Investors in Lahore

Lahore: Positioned strategically on Raiwind Road, Icon Valley Phase II emerges as a significant real estate development in Lahore, attracting residential and commercial investors with its advantageous location and flexible payment plans. This project ...

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Engro Fertilizer Reports Decline in Q3 Profits, Eyes Recovery Amid Market Challenges

Karachi: Engro Fertilizer Limited (EFERT) has reported an 11% year-on-year decline in its profits for the third quarter of 2024, with significant impacts from lower sales volumes and increased financial charges. The company announced earnings of PkR 8...

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DHA Peshawar Rolls Out Construction Incentives for Sector G, Prism Plot Owners

Peshawar: The Defence Housing Authority Peshawar (DHAP) has announced new construction incentives for plot owners in Sector G and Prism, effective until December 31. This initiative aims to encourage prompt construction and enhance the overall develop...

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DGKC and ACPL Anticipate Mixed 1QFY25 Results Amid Varying Market Dynamics

Karachi: DG Khan Cement Company Ltd (DGKC) and Attock Cement Pakistan Limited (ACPL) are poised to reveal their financial outcomes for the first quarter of FY25, exhibiting varied performances influenced by market retention and volume dynamics. DGKC i...

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