Karachi: The Pakistan cement sector is currently trading at an industry-wide average EV/ton of US$47.6, according to a recent analysis by JS Global. The report further highlights that the sector’s valuation on a FY26E EV/EBITDA basis stands at 5.7x.
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Karachi: Bank Alfalah Limited (BAFL) held a corporate analyst briefing today, outlining its financial performance and future strategies. The bank reported a significant decline in quarterly profit, with a 53% year-on-year drop to Rs6.16 billion, trans…
Karachi: Bank Alfalah (BAFL) conducted a Corporate Briefing Session where management discussed its financial performance and strategic outlook. The bank anticipates steady interest rates in the near term, while reporting an increase in borrowings from…
Karachi: Meezan Bank, Pakistan’s leading Islamic financial institution, has renewed and expanded its strategic alliance with Visa, a global leader in digital payments. This collaboration aims to enhance the bank’s debit card portfolio and redefine the…
Karachi: Engro Polymer and Chemicals (EPCL) presented its recent corporate briefing, revealing key insights into its business performance and future outlook. Despite reporting a consolidated loss of Rs3.4 billion for the first nine months of 2025, the…
Karachi: Pakistan’s listed banks reported an 8% year-on-year increase in profitability, reaching Rs170 billion in the third quarter of 2025. The growth was primarily driven by a 6% rise in Net Interest Income (NII), led by United Bank Limited (UBL), N…
Karachi: The Exchange Companies Association of Pakistan released new data on October 31, 2025, revealing significant movements in currency exchange rates. According to the association, the US dollar saw a buying rate of 281.45 PKR and a selling rate o…
Karachi: National Refinery Limited (NRL) reported its financial results for fiscal year 2025, revealing a net revenue of PkR307.7 billion, marking a slight decrease of 0.4% from the previous year. Despite improvements in gross refinery margins, the co…
Karachi: Engro Holdings Ltd. (ENGROH) reported its third-quarter earnings for the calendar year 2025, revealing a consolidated profit of PkR6.4 billion, or PkR5.35 per share, up 13% compared to the same period last year. However, earnings fell short o…
Berlin:President Asif Ali Zardari was accorded a warm reception at the German Ministry of Defense in Berlin today. Upon arrival, he was warmly received by German President Frank-Walter Steinmeier and was presented a guard of honour.
According to Rad…
