Business

Karachi: Baluchistan Glass Ltd. (BGL) announced an increased loss for the fiscal year 2025, with the company citing prolonged production shutdowns, rising raw material and energy costs, and higher financing expenses as key factors impacting its financ...

KARACHI: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), providing insights into the cost of borrowing for various tenors as of October 15, 2025. The rates show a slight variance across different timeframes,...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the ABL Income Fund, acknowledging its medium-risk profile and strategic allocation that aims to deliver competitive risk-adjusted returns. The Fund's app...

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, asserted that under the leadership of Army Chief Field Marshal Asim Munir, the Pakistan Armed Forces have significantly advanced the nation's defense ca...

Lahore: Tariq Glass Ltd. (TGL) presented its fiscal year 2025 results during an analyst briefing, revealing notable growth in sales and earnings, alongside a strategic outlook for continued improvement. The company highlighted a 13% increase in toplin...

Lahore: Mughal Iron and Steel Industries Limited, a key figure in the steel sector, has received a preliminary rating from the Pakistan Credit Rating Agency (PACRA) for its upcoming funding endeavor. The rating assesses a PKR 1.5 billion debt instrume...

Karachi: Atlas Battery Ltd. (ATBA) reported a significant decline in its financial performance for the fiscal year 2025 during an analyst briefing held earlier today. The company disclosed a 15% year-over-year drop in revenue, with figures falling to ...