AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: Cherat Cement Company Ltd. (CHCC) has reported a 27 percent year-on-year decline in profitability for the first quarter of the fiscal year 2026, as per the company's financial results. The cement manufacturer registered a profit of PKR2.1 bil...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, reflecting subtle shifts in the values of major international currencies against the Pakistani Rupee. These adjustments come amid ongoing economic dev...

Karachi: Systems Limited (SYS) has reported a significant rise in its third-quarter earnings for 2025, with a consolidated profit after tax of Rs2.8 billion, equivalent to earnings per share (EPS) of Rs1.90. This marks a 28% increase compared to the s...

Karachi: The textile sector in Pakistan is poised for a significant upturn in profitability during the first quarter of fiscal year 2026, driven by enhanced gross margins and a reduction in finance costs, according to an analysis by AKD Securities Lim...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the Al Ameen Islamic Income Fund, emphasizing the Fund's commitment to providing competitive returns through high-quality, Shariah-compliant investments...

Karachi: Meta has officially launched its artificial intelligence platform, Meta AI, in Urdu for users in Pakistan. The announcement was made during the "Future in Focus: AI and Innovation" event, held in collaboration with the Ministry of Information...

Lahore: The Small and Medium Enterprises Development Authority (SMEDA) has announced the launch of an AI-powered legal and compliance support platform designed for small and medium enterprises (SMEs) across Pakistan. This initiative is a collaboration...