KARACHI: The Pakistani automotive sector experienced a notable uptick in October 2025, with a 38% year-over-year increase in sales volumes. The industry sold a total of 20,985 units during the month, driven predominantly by the passenger car segment. ...
Read More »BankIslami Earns Top Honors at CFA Society Pakistan Awards
Karachi: BankIslami has been recognized as a leading Islamic financial institution in Pakistan, clinching two significant awards at the 22nd CFA Society Pakistan Annual Excellence Awards. The bank was awarded "Best Bank of the Year 2024 (Mid-Sized Ban...
Read More »Pioneer Cement’s Financial Performance Shows Mixed Results
LAHORE: Pioneer Cement Limited reported a mixed financial performance during its recent analyst briefing, highlighting a decrease in yearly profitability alongside a significant quarterly improvement. The company disclosed a profit of PKR 4.9 billi...
Read More »Nishat Chunian Limited Eyes Future Growth Amid Mixed Financial Results
Lahore: Nishat Chunian Limited (NCL) held a corporate briefing today, revealing a 6% year-over-year increase in earnings for the fiscal year 2025. The company reported earnings of Rs751 million, equivalent to an earnings per share of Rs3.13, despite a...
Read More »Meezan Bank’s Profit Declines Amid Lower Policy Rates Amid Steady Deposit Growth
Karachi: Meezan Bank Ltd (MEBL) reported a 13% year-on-year decline in profit for the first nine months of the calendar year 2025, according to an analyst briefing held yesterday. The bank's profit stood at PKR 67.2 billion, translating to earnings pe...
Read More »PPL Boosts Gas Processing Capacity at Gambat South Facility
Karachi: Pakistan Petroleum Ltd (PPL) has increased the gas processing capacity at its Gambat South Gas Processing Facility (GPF-II) to 60 million cubic feet per day (mmcfd), up from 55 mmcfd. This upgrade has led to an additional production of approx...
Read More »PACRA Maintains Ratings for Prism Energy Amid Financial Challenges
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Prism Energy (Private) Limited (PEPL), a company engaged in solar renewable energy operations in Pakistan. PEPL, which began its operations in August 2020,...
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