Islamabad: PTCL Group and GSMA have entered into a long-term Memorandum of Understanding at GITEX Global 2025 to advance application programming interfaces (APIs) through the GSMA Open Gateway initiative. This collaboration aims to facilitate seamless...
Read More »Askari Bank’s Profit Surges 24% Amid Strong Non-Markup Income
Karachi: Askari Bank Limited (AKBL) has reported a significant rise in its net profit after tax (NPAT) for the third quarter of the calendar year 2025, reaching PkR7.5 billion, equivalent to an earnings per share (EPS) of PkR5.1. This marks a 24% incr...
Read More »Nishat Chunian’s Profit Soars Amid Expanded Margins and Reduced Costs
Lahore: Nishat Chunian Ltd. (NCL) has reported a significant increase in its financial performance for the first quarter of fiscal year 2026. The company announced earnings of PkR522 million, with earnings per share (EPS) of PkR2.18, a substantial ris...
Read More »Mughal Iron and Steel’s Earnings Surge While Amreli Steels’ Losses Persist
Karachi: In a significant financial turnaround, Mughal Iron and Steel Industries Ltd. (MUGHAL) is expected to report a substantial increase in earnings for the first quarter of fiscal year 2026, according to a preview by JS Global. The company is anti...
Read More »Pakistani Currency Exchange Rates Witness Stability Amid Economic Challenges
Karachi: The State Bank of Pakistan has released its latest weighted average customer exchange rates, showing relative stability in the buying and selling rates of major international currencies. The report, published by the Domestic Markets and Monet...
Read More »Fauji Fertilizer Reports Increased Earnings Amid Declining Urea Sales
Karachi: Fauji Fertilizer Company Ltd. (FFC) announced its financial results for the first nine months of calendar year 2025, revealing an increase in earnings despite a downturn in urea sales. The company reported standalone earnings of PkR57.6 billi...
Read More »Currency Exchange Rates Fluctuate as USD and EURO Show Slight Increases
Karachi: The Exchange Companies Association of Pakistan reported fluctuations in currency exchange rates on October 29, 2025, with the USD and EURO experiencing slight increases. The USD was recorded at a buying rate of 281.46 and a selling rate of 28...
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