Business

Karachi: The Chairman of Bank Alfalah, Sheikh Nahayan bin Mubarak Al Nahayan, alongside the Board of Directors, has authorized an additional $5 million to support communities affected by the 2025 floods. This commitment elevates the bank's total flood...

KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) recently revised the instrument rating of TPL Corp Limited, reflecting the holding company's evolving financial challenges. TPL Corp, a key player in multiple sectors through its subsidiaries,...

Karachi: The Karachi Stock Exchange's KSE-100 index reported a significant increase, closing at 161,632 after gaining 4,899 points on Friday. Trading volumes rose to 953 million shares, compared to 848 million shares in the previous session. Analysts ...

ISLAMABAD: Attock Refinery Limited (ATRL) reported a substantial decrease in net profit after tax (NPAT) for the fiscal year 2025, as revealed in the company's latest analyst briefing. The NPAT fell to approximately PkR12 billion, translating to an ea...

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. ...

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...