AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency exchange rates on Wednesday, showing moderate fluctuations in the interbank and open markets. In the interbank market, the U.S. dollar was reported at 282.6...

Lahore: MCB Bank Limited announced a profit before tax of Rs. 58.06 billion for the first half of 2025, as the Board of Directors declared a second interim cash dividend of 90%, according to a press release issued on Thursday. This brings the total ca...

ISLAMABAD: Jazz, Pakistan's leading digital operator, has emerged as the top performer in the Pakistan Telecommunication Authority's latest Quality of Service survey. This achievement underscores the company's commitment to providing superior connecti...

Karachi: Engro Polymer Chemical Limited (EPCL) has announced a consolidated net loss of Rs2.4 billion for the second quarter of the calendar year 2025, reflecting a substantial increase from the Rs688 million loss reported during the same period in 20...

Karachi: The Finance Division has announced a significant improvement in Pakistan's fiscal health for the financial year 2025, reporting a budget deficit of 5.4% of Gross Domestic Product (GDP). This marks a decrease from the previous year's 6.8% defi...

Karachi: MCB Bank Limited reported its second-quarter financial results for the calendar year 2025, revealing a decline in net profit due to increased administrative expenses. The bank posted a net profit after tax of PKR 13.5 billion for the quarter,...

Islamabad: Fauji Fertilizer Limited (FFC) convened a corporate briefing today to discuss its recent financial performance and future strategies. The company reported a significant earnings increase to Rs38.5 billion, marking a 47% year-over-year growt...