Karachi: Pakistan Petroleum Ltd (PPL) has increased the gas processing capacity at its Gambat South Gas Processing Facility (GPF-II) to 60 million cubic feet per day (mmcfd), up from 55 mmcfd. This upgrade has led to an additional production of approx...
Read More »Agriauto Industries Posts Revenue Surge and Profit Rebound in FY25
Karachi: Agriauto Industries Ltd. (AGIL) has reported a remarkable financial turnaround for the fiscal year 2025, posting a 39% year-over-year increase in revenue to PKR11.9 billion, up from PKR8.5 billion in the previous fiscal year. This growth was ...
Read More »Meezan Bank’s Profit Declines Amid Lower Policy Rates Amid Steady Deposit Growth
Karachi: Meezan Bank Ltd (MEBL) reported a 13% year-on-year decline in profit for the first nine months of the calendar year 2025, according to an analyst briefing held yesterday. The bank's profit stood at PKR 67.2 billion, translating to earnings pe...
Read More »Sri Lanka Seeks to Strengthen Trade Ties with Pakistan: Invitation Extended for Colombo Summit 2025
KARACHI: The Consul General of Sri Lanka, P.K. Sanjeewa Pattiwila, emphasized the potential for increased trade and investment between Sri Lanka and Pakistan, focusing on untapped sectors such as agri-based industries, seafood, spices, and information...
Read More »Nishat Chunian Limited Eyes Future Growth Amid Mixed Financial Results
Lahore: Nishat Chunian Limited (NCL) held a corporate briefing today, revealing a 6% year-over-year increase in earnings for the fiscal year 2025. The company reported earnings of Rs751 million, equivalent to an earnings per share of Rs3.13, despite a...
Read More »Pioneer Cement’s Financial Performance Shows Mixed Results
LAHORE: Pioneer Cement Limited reported a mixed financial performance during its recent analyst briefing, highlighting a decrease in yearly profitability alongside a significant quarterly improvement. The company disclosed a profit of PKR 4.9 billi...
Read More »BankIslami Earns Top Honors at CFA Society Pakistan Awards
Karachi: BankIslami has been recognized as a leading Islamic financial institution in Pakistan, clinching two significant awards at the 22nd CFA Society Pakistan Annual Excellence Awards. The bank was awarded "Best Bank of the Year 2024 (Mid-Sized Ban...
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