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, For the first time in over a year, Pakistan has seen its tax collections exceed set targets and recorded growth in both the large-scale and power sectors. These developments were presented by Finance Minister Dr. Shamshad Akhtar during her spe...

The post Tax Collections Surpass Targets; Notable Growth in Large-Scale, Power Sectors, Announces Finance Minister appeared first on Pakistan Business News.

Karachi, Pakistan Petroleum Limited (PPL) announced a final cash dividend of 15 percent for both ordinary and convertible preference shares during its 72nd Annual General Meeting. This brings the total dividend payout for the fiscal year to 25 percent....

The post Pakistan Petroleum Limited Announces 15 Percent Dividend at its 72nd AGM appeared first on Pakistan Business News.

Karachi, The Exchange Companies Association of Pakistan (ECAP) has released the currency exchange rates for key international currencies. The rates, updated for October 30, 2023, indicate marginal fluctuations from those provided on October 27, 2023.Ac...

The post Exchange Companies Association of Pakistan Releases Updated Currency Rates appeared first on Pakistan Business News.

Karachi, Oil and Gas Development Company Limited (OGDC) is anticipated to release its 1QFY24 earnings on Wednesday, projecting a Net Profit After Tax (NPAT) of PkR43.94bn. This reflects an earnings per share (EPS) of PkR10.22, marking a decrease both o...

The post OGDC’s 1QFY24 Earnings Expected to Drop Amid One-Off Gains in Previous Quarter appeared first on Pakistan Business News.