KARACHI: Pakistan's cement industry is projected to witness a notable increase in local dispatches this October, driven by a post-monsoon revival in construction activities. According to provisional data for the first 19 days of the month, local cemen...
Read More »Z SAIS Cloud and CyMax Technologies Unite to Boost Pakistan’s SaaS Landscape
Karachi: In a strategic move aimed at bolstering Pakistan's Software-as-a-Service (SaaS) ecosystem, Zong, a leading technology company in the country, has announced a partnership with CyMax Technologies. This collaboration marks a crucial development ...
Read More »Etihad Alloys Receives Stable Rating Amid Expansion and Economic Zone Status
RAHIM YAR KHAN: The Pakistan Credit Rating Agency Limited has maintained the entity ratings of Etihad Alloys Private Limited, affirming the company's financial stability as it progresses with significant industrial projects. Based in Rahim Yar Khan, P...
Read More »Meezan Bank’s Third Quarter Earnings Decline Amid Lower Investment Yields
Karachi: Meezan Bank Ltd reported its third-quarter financial results, revealing a net profit of PkR21.1 billion, marking an 18% decrease from the previous year. Despite the decline, the results are in line with projections, and the bank announced an ...
Read More »Cement Sector Earnings Show Mixed Results for 1QFY26
Karachi: The first quarter of fiscal year 2026 earnings previews for Fauji Cement Company Ltd (FCCL), Cherat Cement Company Ltd (CHCC), and Attock Cement Pakistan Ltd (ACPL) reveal a varied performance across the sector, according to a report by JS Gl...
Read More »Engro Powergen Qadirpur Faces 70% Profit Decline Amid Lower Capacity Payments
Karachi: Engro Powergen Qadirpur Ltd (EPQL) reported a significant contraction in profits for the third quarter of the fiscal year 2025, as detailed in an analyst briefing held earlier today. The company revealed a 70% year-on-year decrease in its bot...
Read More »ABL Asset Management Company Limited Retains High Rating Amid Digital Transformation and Strong Growth
Karachi: The Pakistan Credit Rating Agency Limited has reaffirmed the asset manager rating of ABL Asset Management Company Limited, highlighting the company's experienced management team, robust risk management framework, and significant digital advan...
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