Business

Islamabad, In a recent meeting of the Islamabad Chamber of Commerce and Industry (ICCI) Executive Body, concerns were raised over the government's substantial hike in gas prices. Ahsan Zafar Bakhtawari, President of the ICCI, voiced fears that these in...

The post ICCI Warns of Economic Impact Following Drastic Gas Price Increase appeared first on Pakistan Business News.

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.

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...

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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.

KARACHI, Leading figure in the United Business Group (UBG) and an authoritative voice in the gas and petroleum sector, Malik Khuda Baksh, lauded SM Tanveer for his unwavering commitment to serve the nation, likening his fervour to that of his father, S...

The post SM Tanveer Commended for Dedication to National Service, Draws Parallel to Father’s Legacy appeared first on Pakistan Business News.

Karachi, Caretaker Finance Minister, Dr Shamshad Akhtar, emphasized the importance of supporting the government's push to attract foreign direct investment and the need to invest in export-based industries. This, she believes, would play a pivotal role...

The post Finance Minister Promotes Foreign Investment; OICCI Voices Tax Evasion Concerns appeared first on Pakistan Business News.