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Pakistan Petroleum Reports 1QFY26 Earnings Decline Amid Lower Production

October 29, 2025 Business, General Business News

Karachi: Pakistan Petroleum Limited (PPL) has reported a 15% year-on-year decrease in its earnings per share for the first quarter of fiscal year 2026, attributed mainly to reduced hydrocarbon production. The company's earnings for the quarter amounte...

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Currency Exchange Rates Fluctuate as USD and EURO Show Slight Increases

October 29, 2025 Business, General Business News

Karachi: The Exchange Companies Association of Pakistan reported fluctuations in currency exchange rates on October 29, 2025, with the USD and EURO experiencing slight increases. The USD was recorded at a buying rate of 281.46 and a selling rate of 28...

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Nishat Chunian’s Profit Soars Amid Expanded Margins and Reduced Costs

October 29, 2025 Business, General Business News

Lahore: Nishat Chunian Ltd. (NCL) has reported a significant increase in its financial performance for the first quarter of fiscal year 2026. The company announced earnings of PkR522 million, with earnings per share (EPS) of PkR2.18, a substantial ris...

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Stocks Tumble as Indices Face Downward Trend

October 29, 2025 Business, General Business News

Karachi: The stock market faced a downturn as key indices, KSE30 and KSE100, registered significant declines on Wednesday. The KSE30 fell by 524.48 points to close at 48,334.92, while the KSE100 decreased by 1,635.97 points, ending the day at 158,465....

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PTCL Group and GSMA Collaborate to Enhance API Innovation

October 29, 2025 Business, General Business News

Islamabad: PTCL Group and GSMA have entered into a long-term Memorandum of Understanding at GITEX Global 2025 to advance application programming interfaces (APIs) through the GSMA Open Gateway initiative. This collaboration aims to facilitate seamless...

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PTCL Group and GSMA Collaborate to Enhance API Innovation

October 29, 2025 Business, General Business News

Islamabad: PTCL Group and GSMA have entered into a long-term Memorandum of Understanding at GITEX Global 2025 to advance application programming interfaces (APIs) through the GSMA Open Gateway initiative. This collaboration aims to facilitate seamless...

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Engro Corporation’s Earnings Expected to Surge on Energy Business Continuity

October 28, 2025 Business, General Business News

Karachi: Engro Corporation is anticipated to report a significant increase in its earnings for the third quarter of the calendar year 2025, according to a preview by AKD Securities Limited. The company's consolidated recurring earnings are projected t...

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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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