Karachi: Engro Polymer and Chemicals (EPCL) presented its recent corporate briefing, revealing key insights into its business performance and future outlook. Despite reporting a consolidated loss of Rs3.4 billion for the first nine months of 2025, the...
Read More »Pakistan’s Banking Sector Sees 8% Profit Rise in 3Q2025
Karachi: Pakistan's listed banks reported an 8% year-on-year increase in profitability, reaching Rs170 billion in the third quarter of 2025. The growth was primarily driven by a 6% rise in Net Interest Income (NII), led by United Bank Limited (UBL), N...
Read More »Earnings Rebound on Horizon for Interloop Ltd, Management Predicts Continued Growth
Faisalabad: Interloop Ltd (ILP) management expressed optimism about the company's financial future during its recent Corporate Briefing Session (CBS), highlighting a strong earnings recovery in the first quarter of fiscal year 2026. The company report...
Read More »National Refinery Limited Faces Third Consecutive Year of Losses Amid Rising Costs
Karachi: National Refinery Limited (NRL) reported its financial results for fiscal year 2025, revealing a net revenue of PkR307.7 billion, marking a slight decrease of 0.4% from the previous year. Despite improvements in gross refinery margins, the co...
Read More »Engro Holdings’ Third Quarter Earnings Fall Short of Expectations Due to Higher Costs
Karachi: Engro Holdings Ltd. (ENGROH) reported its third-quarter earnings for the calendar year 2025, revealing a consolidated profit of PkR6.4 billion, or PkR5.35 per share, up 13% compared to the same period last year. However, earnings fell short o...
Read More »KCCI Calls for Swift Action to Restore M.A. Jinnah Road Amid Business Concerns
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged immediate action to address the ongoing development work on M.A. Jinnah Road, which is causing significant disruptions for businesses in the area. President KCCI, Muhammad Rehan Ha...
Read More »Major Currencies Experience Fluctuations in Pakistan’s Exchange Rates
Karachi: The Exchange Companies Association of Pakistan released figures showing fluctuations in the exchange rates of major currencies against the Pakistani Rupee. The data indicates changes in the buying and selling rates for the US Dollar, Euro, Br...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service