Business

LAHORE, Nishat Chunian Limited (NCL) has unveiled its financial results for the first quarter of FY24, reflecting a 13% quarter-on-quarter increase in Profit After Tax (PAT), attributed mainly to a pronounced surge in the company's topline and stable g...

The post Nishat Chunian Limited Reports 13% Quarterly Growth in Profit After Tax for 1QFY24 appeared first on Pakistan Business News.

ISLAMABAD, Lucky Cement Limited (LUCK) conducted its analyst briefing yesterday, shedding light on the company's 1QFY24 results and providing insights into future expectations. The company revealed a substantial increase in its earnings, details about ...

The post Lucky Cement Reports Strong 1QFY24 Earnings and Investment in Renewable Energy Projects appeared first on Pakistan Business News.

ISLAMABAD, In a move reflecting its dedication to customer trust and satisfaction, Daraz, Pakistan's premier online shopping platform, has doubled the return period for Marketplace products. Customers now have a 14-day window, up from the previous 7 da...

The post Daraz Extends Return Policy for Marketplace Products to 14 Days appeared first on Pakistan Business News.

Karachi, HCAR is predicted to showcase a remarkable increase in its earnings for 2QMY24, while NCL is set to announce its 1QFY24 results with anticipated improved margins on Monday. Both companies are seeing favorable factors, including enhanced sales ...

The post HCAR Anticipated to Report Significant Earnings Growth; NCL Expected to Post Improved Margins appeared first on Pakistan Business News.

Karachi, D.G. Khan Cement Company Ltd. (DGKC) shifted its financial trajectory this quarter, reporting earnings after facing a significant loss in the previous one. Key factors influencing this turnaround include improved gross margins attributed to fa...

The post D.G. Khan Cement Reports Earnings in 1QFY24 Following Last Quarter’s Loss appeared first on Pakistan Business News.

Karachi, The local equity markets are reflecting heightened confidence as investors anticipate a potential easing in the monetary policy soon, following the Policy Rate being stationed at 22%. With headline inflation projected to drop to 16% by June 20...

The post Anticipation of Easing Monetary Policy Fuels Market Confidence: JS Securities appeared first on Pakistan Business News.

Karachi, The stock market showed a promising trajectory today, closing with an impressive gain of 539 points at 51,483. This surge was primarily driven by commendable corporate results, manifesting in a broad-based rally. Several companies stood out wi...

The post Market Sees Positive Momentum with Gain of 539 Points; JS Securities Weighs In appeared first on Pakistan Business News.