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Karachi: Hub Power Company Ltd (HUBC) reported a significant decline in its earnings for the third quarter of fiscal year 2025, owing primarily to setbacks in its power purchase agreements. The company's net profit after tax (NPAT) stood at PkR11.0 bi...

Karachi: VIS Credit Rating Company Ltd. (VIS) has maintained the Broker Management Rating of Mohammad Munir Muhammad Ahmed Khanani Securities Limited (MMMAKSL) at 'BMR2', while revising the outlook from 'Stable' to 'Negative'. This rating action follo...

Karachi: VIS Credit Rating Company Limited (VIS) has affirmed the Fund Stability Rating of HBL Mehfooz Munafa Fund Plan-I, also known as HBL-MMFP-I. This announcement follows the previous rating action taken on March 3, 2025. The stability rating re...

Karachi: VIS Credit Rating Company Limited has maintained its entity ratings for Ittehad Chemicals Limited (ICL) at 'A-/A2', while revising the outlook from Stable to Positive. The updated ratings reflect the company's robust credit quality and sound ...

Karachi: Pakistan Petroleum Limited (PPL) announced a 21% year-over-year decline in its earnings for the third quarter of fiscal year 2025, attributing the decrease to reduced hydrocarbon production and lower average oil prices. The company reported e...

Karachi: The Islamic Chamber of Commerce and Development (ICCD) has announced the second edition of the Best of Entrepreneurship Series in Asia (BOE Asia), set to take place on May 10, 2025, at the Lahore Expo Center. This major event will coincide wi...

Islamabad: Prime Minister Muhammad Shehbaz Sharif, underscoring that Pakistan shall defend its sovereignty and territorial integrity with full force in case of any misadventure by India, has encouraged the UN Secretary-General to counsel India to act ...