Business

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D.G. Khan Cement Reports Strong Quarterly Earnings, Surpassing Market Expectations

Karachi, D.G. Khan Cement Company Limited (DGKC) today announced a robust set of financial results for the third quarter of fiscal year 2024, significantly exceeding market expectations. The company reported a profit after tax of PKR 1.2 billion, marki...

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Telenor Microfinance Bank Reports PKR 1.2 Billion Pre-tax Profit in 2023, Secures Digital Retail Bank License

Karachi, Telenor Microfinance Bank (TMB) announced a pre-tax profit of PKR 1.2 billion for the financial year ended December 31, 2023. This profit marks a significant achievement underpinned by a 70% revenue increase to PKR 28 billion and the recent I...

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Cement Companies’ Earnings Outlook Mixed in Upcoming Quarterly Results

Karachi, The latest financial forecasts for key players in Pakistan's cement industry suggest varied performance in the upcoming quarterly earnings reports. Fauji Cement Company Limited (FCCL), D.G. Khan Cement Company Limited (DGKC), and Cherat Cemen...

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Fly Jinnah Launches Islamabad-Muscat Route, Expands International Service

Karachi, Fly Jinnah, Pakistan's low-cost carrier, has introduced a new non-stop service connecting Islamabad with Muscat, starting on May 10, 2024. This new route marks the airline's third international route and includes two weekly flights, enhancing...

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PTCL Group Reports 14% Revenue Growth in Q1 Amid Expanding Digital Services

Islamabad, Pakistan Telecommunication Company Limited (PTCL), the nation's top telecom and ICT service provider, has reported a 14% year-over-year revenue increase for the first quarter of 2024. Despite a net loss, the group has seen robust growth in ...

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Zong Business Partners with China Gezhouba Construction Management Services to Enhance Digital Operations

Karachi, Zong Business, a major telecom operator in Pakistan, has announced a strategic partnership with China Gezhouba Construction Management Services (CGCMS) to bolster digital operations across China. The collaboration aims to provide CGCMS with r...

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Exchange Rates Experience Minor Fluctuations in Pakistan’s Currency Market

Karachi, The latest exchange rate data provided by the Exchange Companies Association of Pakistan shows slight fluctuations across major currencies in the local market over the past two days.

According to Exchange Companies Association of Pakistan, ...

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