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Mari Energies Ltd Surpasses Earnings Expectations Amid Tax Rate Reduction

August 11, 2025 Business, General Business News

Karachi: Mari Energies Ltd (MARI) has reported an 18% increase in its quarterly earnings, reaching Rs15.69 per share in the fourth quarter of fiscal year 2025. This rise, driven largely by a significant decrease in the effective tax rate, has defied i...

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Economic Relief, Strategic Gain: PCJCCI Hails FBR’s Revised Approach

August 11, 2025 Business, General Business News

Lahore: The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has expressed strong support for the Federal Board of Revenue's (FBR) decision to retract certain tax measures initially proposed in the Federal Budget 2025-26. This move is se...

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Engro Powergen Qadirpur Reports 71% Drop in Half-Year Profit Amid Operational Shifts

August 11, 2025 Business, General Business News

Karachi: Engro Powergen Qadirpur Ltd (EPQL) reported a significant decrease in its net profit after tax, with a drop of 71% year-on-year to PkR460 million, or an earnings per share of PkR1.42, for the first half of the calendar year 2025. The decline ...

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Pakistan Oilfields Ltd Reports Dip in Annual Earnings Amid Lower Production and Prices

August 11, 2025 Business, General Business News

ISLAMABAD: Pakistan Oilfields Ltd (POL) announced a 19% decrease in net profit after tax (NPAT) for the fourth quarter of fiscal year 2025, amounting to PkR7.4 billion, or an earnings per share (EPS) of PkR26.2. This result, while surpassing some expe...

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Dawlance Breaks New Ground with Washing Machine Export to Bangladesh

August 11, 2025 Business, General Business News

Karachi: Dawlance, a prominent player in the home appliance industry and a subsidiary of Beko, has dispatched its first consignment of single tub washing machines from Pakistan to Bangladesh. This marks a pivotal moment in showcasing Pakistani innovat...

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Foreign Exchange Rates See Fluctuations in Pakistan

August 11, 2025 Business, General Business News

Karachi: The Exchange Companies Association of Pakistan reported fluctuations in foreign exchange rates, with the United States dollar, Euro, British pound, Japanese yen, United Arab Emirates dirham, and Saudi riyal all experiencing variations in thei...

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Pakistan’s Transgender Community Lives in Fear

August 10, 2025 General

Islamabad: In Pakistan's northwestern Khyber Pakhtunkhwa province, violence against the transgender community is on the rise. They face extortion threats and physical violence, with at least 157 transgender individuals killed in the past decade. Acc...

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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.

  • Hot, Humid Weather and Possible Rain in Specific Regions

    2 days ago
  • Nation Stands Firmly with Security Forces Against Terrorism: President

    2 days ago
  • GB CM Directs Officials to Resolve Public Complaints on Priority

    2 days ago
  • Naqvi Condemns Attack on Balochistan Home Minister’s Convoy

    2 days ago
  • Balochistan CM Announces Government Jobs for Men Who Aided Acid Attack Victim

    2 days ago

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