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Karachi, Three major companies - Pakistan Petroleum Limited (PPL), Pioneer Cement Limited (PIOC), and Lucky Cement Limited (LUCK) - revealed their first-quarter results for fiscal year 2024 today, demonstrating varying degrees of financial performance....

The post Pakistan Petroleum, Pioneer Cement, and Lucky Cement Announce 1QFY24 Financial Results appeared first on Pakistan Business News.

Karachi, Caretaker Finance Minister, Dr Shamshad Akhtar, emphasized the importance of supporting the government's push to attract foreign direct investment and the need to invest in export-based industries. This, she believes, would play a pivotal role...

The post Finance Minister Promotes Foreign Investment; OICCI Voices Tax Evasion Concerns appeared first on Pakistan Business News.

KARACHI, Leading figure in the United Business Group (UBG) and an authoritative voice in the gas and petroleum sector, Malik Khuda Baksh, lauded SM Tanveer for his unwavering commitment to serve the nation, likening his fervour to that of his father, S...

The post SM Tanveer Commended for Dedication to National Service, Draws Parallel to Father’s Legacy appeared first on Pakistan Business News.

Karachi, Oil and Gas Development Company Limited (OGDC) is anticipated to release its 1QFY24 earnings on Wednesday, projecting a Net Profit After Tax (NPAT) of PkR43.94bn. This reflects an earnings per share (EPS) of PkR10.22, marking a decrease both o...

The post OGDC’s 1QFY24 Earnings Expected to Drop Amid One-Off Gains in Previous Quarter appeared first on Pakistan Business News.

Karachi, The Exchange Companies Association of Pakistan (ECAP) has released the currency exchange rates for key international currencies. The rates, updated for October 30, 2023, indicate marginal fluctuations from those provided on October 27, 2023.Ac...

The post Exchange Companies Association of Pakistan Releases Updated Currency Rates appeared first on Pakistan Business News.

Karachi, Pakistan Petroleum Limited (PPL) announced a final cash dividend of 15 percent for both ordinary and convertible preference shares during its 72nd Annual General Meeting. This brings the total dividend payout for the fiscal year to 25 percent....

The post Pakistan Petroleum Limited Announces 15 Percent Dividend at its 72nd AGM appeared first on Pakistan Business News.

The House has commenced discussion on the Israeli atrocities and aggressive actions against the innocent Palestinians.Opening the debate, Leader of the House Ishaq Dar said the massacre and genocide of Palestinians in Gaza is a matter of concern not on...