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Karachi: Colgate-Palmolive (Pakistan) Ltd has announced its financial results for the quarter ended September 30, 2023. The Board of Directors, in their meeting held on October 27, 2023, in Karachi approved the un-audited financial statements, which a...

Karachi: Lakson Money Market Fund, listed on PSE since 2009, disclosed its offer price as 105.28 and the redemption price as 104.1 for the year ending June. For 2021, the fund declared a distribution of 6.78%, while it was "Rs 5.1947 per unit" for 202...

Karachi, For the first time in over a year, Pakistan has seen its tax collections exceed set targets and recorded growth in both the large-scale and power sectors. These developments were presented by Finance Minister Dr. Shamshad Akhtar during her spe...

The post Tax Collections Surpass Targets; Notable Growth in Large-Scale, Power Sectors, Announces Finance Minister appeared first on Pakistan Business News.

Karachi, The stock market showed a promising trajectory today, closing with an impressive gain of 539 points at 51,483. This surge was primarily driven by commendable corporate results, manifesting in a broad-based rally. Several companies stood out wi...

The post Market Sees Positive Momentum with Gain of 539 Points; JS Securities Weighs In appeared first on Pakistan Business News.

Karachi, The local equity markets are reflecting heightened confidence as investors anticipate a potential easing in the monetary policy soon, following the Policy Rate being stationed at 22%. With headline inflation projected to drop to 16% by June 20...

The post Anticipation of Easing Monetary Policy Fuels Market Confidence: JS Securities appeared first on Pakistan Business News.

Karachi, D.G. Khan Cement Company Ltd. (DGKC) shifted its financial trajectory this quarter, reporting earnings after facing a significant loss in the previous one. Key factors influencing this turnaround include improved gross margins attributed to fa...

The post D.G. Khan Cement Reports Earnings in 1QFY24 Following Last Quarter’s Loss appeared first on Pakistan Business News.

Karachi, HCAR is predicted to showcase a remarkable increase in its earnings for 2QMY24, while NCL is set to announce its 1QFY24 results with anticipated improved margins on Monday. Both companies are seeing favorable factors, including enhanced sales ...

The post HCAR Anticipated to Report Significant Earnings Growth; NCL Expected to Post Improved Margins appeared first on Pakistan Business News.