Panther Tyres Ltd. Reports 38% Increase in FY24 Revenue Amid Volumetric Growth

Lahore: Panther Tyres Ltd. (PTL) held its corporate briefing, revealing a significant 38% year-over-year increase in its FY24 revenue, reaching PkR29.5 billion compared to PkR21.4 billion in FY23. The company attributed this growth to increased volume...

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Pioneer Cement Focuses on Debt Reduction and Cost Efficiencies Amid Strong Earnings Growth

Lahore: Pioneer Cement Limited (PIOC) held a corporate briefing session to discuss its financial results for FY24 and the first quarter of FY25, highlighting its commitment to debt reduction and cost efficiencies. The company reported a 92% year-on-ye...

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Pakistan to Conduct 16th IJARAH SUKUK Auction in December through PSX

Karachi: The Government of Pakistan has announced the 16th issuance of its IJARAH SUKUK, set to take place on December 3, 2024, via the Pakistan Stock Exchange (PSX). This initiative will be executed in collaboration with the National Clearing Company...

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Nishat Mills Limited Reports 48% Decline in Profits, Plans Strategic Investments

Lahore: Nishat Mills Limited (NML) held a corporate briefing session to discuss its fiscal year 2024 financial results and outline future strategies amidst challenging market conditions. The company reported a 48% decline in net profit after tax (NPAT...

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Pakistan and Korea Conduct Naval Exercise in North Arabian Sea

Karachi: Pakistan's Navy Ship PNS ZULFIQUAR and Republic of Korea's Navy Ship WANG GEON engaged in a coordinated Passage Exercise in the North Arabian Sea, aiming to strengthen their operational interoperability and professional ties through tactical ...

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Pakistan and Belarus Seek to Enhance Economic Partnership

Karachi: The recent visit of Belarusian President Aleksandr Lukashenko to Pakistan is anticipated to pave the way for increased trade, joint ventures, and investments between the two nations. This was articulated by key members of the United Business ...

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