Business

Karachi: Cherat Cement Company Ltd. (CHCC) announced record annual earnings for fiscal year 2025, reaching PkR8.7 billion, marking a 58% increase from the previous year's PkR5.5 billion, according to an analyst briefing by AKD Securities Limited. This...

LAHORE: Service Retail (Private) Limited, a subsidiary of Service Industries Limited, has received its first credit ratings from the Pakistan Credit Rating Agency Limited (PACRA), highlighting the company's significant presence and influence in Pakist...

Karachi: Pakistan's listed banks reported a rise in profitability, recording Rs171 billion in the third quarter of 2025, reflecting an 8% increase year-on-year and a 2% rise quarter-on-quarter. The banks achieved these gains despite a decline in in...

Karachi: The stock market experienced notable volatility this week, influenced by geopolitical tensions and economic developments. Despite an initial decline due to border tensions with Afghanistan, the market rebounded sharply by 4,900 points in the ...

KARACHI: Engro Polymer and Chemicals Limited (EPCL) held its analyst briefing today, presenting an overview of its financial performance for the first nine months of the calendar year 2025. The company reported a net loss of PkR3.5 billion, a signific...

KARACHI: The State Bank of Pakistan released updated figures for the weighted average customer exchange rates, reflecting a period of relative stabilization amid ongoing market fluctuations. The report from the Domestic Markets and Monetary Management...

KARACHI: The cement sector in Pakistan experienced significant growth in the first quarter of fiscal year 2026, as reported by a sample of eight companies. The sector saw a substantial 56% year-on-year increase in standalone earnings, driven by a 17% ...