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Engro Holdings’ Profits Surge Despite Tax Challenges and Declining Sales

October 30, 2025 Business, General Business News

Karachi: Engro Holdings has reported a significant increase in its profit attributable to equity owners, reaching Rs42.0 billion for the first nine months of 2025, a 6.6-fold rise year-on-year. This increase includes a one-off adjustment related to th...

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Engro Holdings’ Profits Surge Despite Tax Challenges and Declining Sales

October 30, 2025 Business, General Business News

Karachi: Engro Holdings has reported a significant increase in its profit attributable to equity owners, reaching Rs42.0 billion for the first nine months of 2025, a 6.6-fold rise year-on-year. This increase includes a one-off adjustment related to th...

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Pakistan Petroleum’s Earnings Drop 15% Amid Lower Production

October 29, 2025 Business, General Business News

Karachi: Pakistan Petroleum Limited (PPL) reported a decrease in its earnings for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling 15% year over year to Rs7.38. The decline was primarily attributed to reduced hydrocarbo...

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OGDC Announces Record First Quarter Dividend Amidst Challenging Conditions

October 29, 2025 Business, General Business News

Karachi: Oil and Gas Development Company Ltd (OGDC) reported its financial performance for the first quarter of fiscal year 2026, revealing earnings of PkR38.3 billion, which represents a 7% decline compared to the same period last year. This decrease...

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Hub Power Company Ltd Anticipates Boost from BYD’s EV Segment

October 29, 2025 Business, General Business News

Karachi: Hub Power Company Ltd (HUBC) is positioning itself for future growth, driven by the burgeoning electric vehicle (EV) market. In its latest projections, HUBC expects to report a net profit after tax (NPAT) of PkR12.1 billion, equating to earni...

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Interloop Limited Projects Revenue Growth Amid Sector Challenges

October 29, 2025 Business, General Business News

FAISALABAD: Interloop Limited (ILP) held its Corporate Briefing Sessions today, revealing significant financial insights and future plans. The company, aiming for $700 million in revenue by the fiscal year 2026, reported a four-year sales growth of 33...

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Fauji Fertilizer Charts Path to Shariah Compliance Amid Strong Quarterly Performance

October 29, 2025 Business, General Business News

Islamabad: Fauji Fertilizer Company (FFC) held its Corporate Briefing Session today, revealing significant progress in its financial performance and strategic initiatives. The management highlighted its ongoing transition towards Shariah compliance, w...

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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.

  • PMD Predicts Hot, Dry Weather Across the Country

    2 days ago
  • NAB Recovers Government Land Illegally Allotted to Bahria Town in Hyderabad

    2 days ago
  • Dar, Kravik Explore Ways to Strengthen Pak-Norway Ties

    2 days ago
  • Pakistan Navy Provides Aid to Indian, Indonesian Crew Members in Arabian Sea

    2 days ago
  • Death Anniversary of Shaukat Thanvi Observed

    2 days ago

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