AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: HBL announced a record profit before tax of Rs 112.2 billion for the first nine months of 2025, marking a 31% increase from the same period last year. This growth comes despite higher tax rates impacting the banking sector, with profit after ...

Karachi: Habib Bank Limited (HBL) announced its financial results for the third quarter of the calendar year 2025, reporting a net profit after tax (NPAT) of PkR16.9 billion, or an earnings per share (EPS) of PkR11.5. This marks a 17% increase compare...

Karachi: K-Electric (KEL), Pakistan's sole privatized and publicly listed integrated Distribution Company, is set for a challenging financial period following a tariff revision by the National Electric Power Regulatory Authority (NEPRA). The regulator...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the MCB DCF Income Fund, classifying it under a medium risk profile. The Fund, known for its strategy of delivering fixed income returns, reported signific...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of MCB Pakistan Sovereign Fund (MCB-PSF), a medium-risk profile fund dedicated to investments in government securities. As of June 2025, the fund's assets unde...

Karachi: Air Link Communication (AIRLINK) held a corporate briefing following the announcement of its first-quarter fiscal year 2026 results, revealing significant growth in earnings and strategic plans aimed at further expansion. The company reported...

Karachi: Bank Alfalah reported a 52% year-on-year decline in its earnings per share for the third quarter of 2025, falling short of industry expectations. The bank's consolidated earnings were recorded at Rs6.3 billion, with an EPS of Rs4.0, marking a...