Karachi: Systems Limited is poised to report a significant increase in net profit after tax (NPAT) for the first quarter of the calendar year 2025, according to a recent analysis by AKD Securities Limited. The company is expected to achieve an NPAT of...
Read More »Scotland’s Initiative to Connect Chinese Industries Through PCJCCI
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) hosted a visit from Prof. Dr. Alaa Garad, Pro Vice Chancellor of Scotland's Al-Maktoum College of Higher Education, who unveiled a trilateral partnership framework dubbed the "...
Read More »PM’s Visit to Turkiye Seen as Catalyst for Economic Growth
Karachi: The Korangi Association of Trade and Industry (KATI) has expressed optimism about Prime Minister Shehbaz Sharif's official visit to Turkiye. Junaid Naqi, the president of KATI, described the visit as a significant step toward enhancing econom...
Read More »Flat Steel Prices Impact International Steel Ltd’s Quarterly Earnings
Karachi: International Steel Ltd (ISL) reported a significant decline in its third-quarter earnings for fiscal year 2025, largely due to reduced flat steel prices and lower gross margins. The company announced a net profit after tax (NPAT) of PkR417 m...
Read More »China to Train Pakistani Astronauts for Space Missions
Beijing: China will select and train two astronauts belonging to Pakistan for the first time for upcoming space missions. According to Radio Pakistan, Lin Xiqiang, China and Pakistan are conducting astronaut selection in Pakistan. He said the initi...
Read More »VIS Reaffirms Sukuk Rating for Sitara Chemical Industries
Karachi: VIS Credit Rating Company Limited has reaffirmed the medium to long-term Sukuk ratings of Sitara Chemical Industries Limited (SCIL) at 'AA-' (Double A Minus). This rating indicates high credit quality with strong protection factors, though ri...
Read More »Tower Power’s Ratings Reaffirmed Amid Sector Growth
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Tower Power (Private) Limited (TPL) at 'A-/A2'. These ratings reflect a good credit quality with adequate protection factors and a stable outlook, according to a pre...
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