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Engro Fertilizers Posts Mixed Results with Decline in Earnings and Dividend

October 15, 2025 Business, General Business News

Karachi: Engro Fertilizers reported a mixed set of financial results for the third quarter of 2025, revealing a 32% year-on-year decline in earnings per share (EPS) to Rs4.35. The company also declared a cash dividend of Rs4.50 per share, which fell s...

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PACRA Reaffirms ABL Financial Sector Fund’s Stability Rating

October 15, 2025 Business, General Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Financial Sector Fund, underscoring the fund's robust strategy and strong liquidity profile. The fund, which carries a moderate-risk profile, is d...

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PACRA Reaffirms ABL Cash Fund’s Stability Rating

October 15, 2025 Business, General Business News

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Cash Fund, maintaining its position as a low-risk investment option. The Fund is designed to offer capital preservation and liquidity through a c...

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Foodpanda Partners with Al Qadir Welfare to Launch Rider Support Program

October 15, 2025 Business, General Business News

Islamabad: foodpanda has announced a partnership with Al Qadir Welfare to bolster the well-being of its rider community across Pakistan. The collaboration introduces a welfare initiative aimed at providing free bike restoration services and distributi...

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Key KIBOR Rates Announced by State Bank of Pakistan

October 15, 2025 Business, General Business News

KARACHI: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), providing insights into the cost of borrowing for various tenors as of October 15, 2025. The rates show a slight variance across different timeframes,...

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Tariq Glass Industries Sees Earnings Boost Amid Strategic Moves

October 15, 2025 Business, General Business News

Karachi: Tariq Glass Industries Limited (TGL) presented its fiscal year 2025 results at a corporate briefing, revealing a 9% year-on-year increase in earnings per share, which rose to Rs27.75. The company also declared a cash dividend of Rs4 per share...

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Engro Fertilizers’ Profitability Dips Amid Decline in Phosphate Sales

October 15, 2025 Business, General Business News

Karachi: Engro Fertilizers Ltd. (EFERT) reported a notable decline in its profitability for the third quarter of the calendar year 2025, attributing the downturn to a significant drop in phosphate sales. The company announced consolidated earnings of ...

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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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