Karachi: DG Khan Cement Ltd (DGKC), Kohat Cement Ltd (KOHC), and Pioneer Cement Ltd (PIOC) have announced their earnings projections for the first quarter of the fiscal year 2026, highlighting varied financial outcomes for the companies. DG Khan Cem...
Read More »Interest Rate Freeze Disappoints Business Sector: PCDMA Chief
Karachi: Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), Salim Valimuhammad, has strongly criticized the State Bank of Pakistan's decision to maintain the interest rate at 11%, calling it a major setback for the business com...
Read More »Zong and ICBC Partner to Transform Pakistan’s ICT Landscape
Karachi: Zong, a leading information services and technology innovation company in Pakistan, has announced a strategic partnership with the Industrial and Commercial Bank of China (ICBC) Pakistan Operations, aimed at enhancing the country's digital in...
Read More »Systems Limited Reports Robust 3QCY25 Earnings Surge as Margins Reach Record High
Lahore: Systems Limited (SYS) revealed its financial results for the third quarter of the calendar year 2025, showcasing a notable 28% increase in profit after tax compared to the same period last year. The company achieved a profit of PkR2.8 billion,...
Read More »Interloop Ltd. Reports Significant Profit Surge Driven by Margin Improvements
Karachi: Interloop Ltd. (ILP) has released its financial results for the first quarter of fiscal year 2026, recording a substantial increase in profitability. The company reported a profit of PKR 2.8 billion (EPS: PKR 2.0), marking a 12.6-fold increas...
Read More »Stock Market Slips as KSE Indices Experience Decline
Karachi: The Pakistan Stock Exchange (PSX) witnessed a downturn today, with both the KSE30 and KSE100 indices closing in the red. The KSE30 index ended the trading session at 49,418.59 points, reflecting a decline of 423.92 points, or 0.85 percent, fr...
Read More »High Interest Rate Hampers Industrial Revival, SITE President Criticizes Central Bank
Karachi: Ahmed Azeem Alvi, the President of the SITE Association of Industry Karachi, expressed his disappointment over the State Bank of Pakistan's decision to maintain the policy rate at 11 percent. He criticized the move, indicating that the busine...
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