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Pakistan’s Strategic Stature Rises Under Military Leadership

October 15, 2025 Business, General Business News

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...

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ATBA’s Financial Performance and Strategic Plans Unveiled

October 15, 2025 Business, General Business News

Karachi: ATBA recently held a corporate briefing session to discuss its financial performance and strategic outlook. The company reported a significant 93% year-on-year decline in earnings, amounting to Rs91 million, which translates into an earnings ...

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Atlas Battery Faces Revenue Decline Amid Shift in Market Demand

October 15, 2025 Business, General Business News

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 ...

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Sazgar Engineering Exceeds Expectations with Strong Financial Performance

October 15, 2025 Business, General Business News

Lahore: Sazgar Engineering Works Limited (SAZEW) reported a robust financial performance for the first quarter of fiscal year 2026, surpassing industry expectations. The company announced a profit of Rs4.4 billion, translating to earnings per share (E...

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Currency Exchange Rates Show Modest Movement in Pakistan

October 15, 2025 Business, General Business News

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for October 15, 2025, indicating slight fluctuations in currency values. The United States dollar was recorded at a buying rate of 281.63 an...

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Pak-Qatar Asset Management Company Receives Positive Outlook from PACRA

October 15, 2025 Business, General Business News

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has been upgraded to an AM2 rating with a Positive Outlook by the Pakistan Credit Rating Agency (PACRA). This recognition highlights the company's consistent growth and strong performance in ...

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Pakistan Bank Earnings Face Pressure from Declining Yields

October 15, 2025 Business, General Business News

Karachi: Banks in Pakistan are bracing for a challenging third quarter of the calendar year 2025, with forecasts indicating a year-over-year decline in core income. This is attributed to the contraction in net interest margins (NIMs) amid declining yi...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Keti Bandar to Be Developed as Modern Deep-Sea Port: Sindh CM

    2 days ago
  • PM Directs Full Utilization of Resources for Flood-Affectees

    2 days ago
  • President Zardari Extends Felicitations to South Korea on National Liberation Day

    2 days ago
  • President, PM Commend Security Forces for Khuzdar IBO

    2 days ago
  • Nehal Hashmi Takes Oath as Chief Scout of Sindh

    2 days ago

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