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Kohat Cement’s First Quarter Earnings Face Pressure from Royalty Hikes

October 28, 2025 Business, General Business News

Karachi: Kohat Cement Company Ltd. (KOHC) has reported a 14 percent year-over-year decline in its first quarter fiscal year 2026 earnings, attributing the decrease primarily to a reduction in gross margins. The company announced earnings of PkR2.9 bil...

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Pakistan Oilfields Reports 2.1x YoY Profit Increase Despite Drop in Sales

October 28, 2025 Business, General Business News

Islamabad: Pakistan Oilfields Limited (POL) disclosed a noteworthy financial upturn for the first quarter of the fiscal year 2026, with earnings per share climbing to Rs19.13, marking a 2.1 times increase compared to the same period last year. However...

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PPL Approves 25% Final Cash Dividend Amidst Strategic Growth Plans

October 28, 2025 Business, General Business News

Karachi: At Pakistan Petroleum Limited's (PPL) 74th Annual General Meeting held in Karachi, shareholders approved a 25% final cash dividend on ordinary shares, culminating in a total dividend of 75% for the fiscal year ending June 30, 2025. The meetin...

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Lucky Cement’s Profits Soar on Higher Dividends and Improved Operations

October 28, 2025 Business, General Business News

KARACHI: Lucky Cement Ltd. (LUCK) announced a significant boost in its profitability for the first quarter of fiscal year 2026, with standalone earnings reaching PkR14.6 billion, or an earnings per share (EPS) of PkR10.0. This represents a dramatic in...

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Lucky Cement Reports 23% Increase in Quarterly Earnings

October 28, 2025 Business, General Business News

Karachi: Lucky Cement (LUCK) has announced its financial results for the first quarter of the fiscal year 2026, reporting a 23% year-over-year increase in earnings per share (EPS) to Rs15.0. This rise aligns with market expectations. The company's ...

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MPC Holds Steady at 11% as Economic Uncertainties Loom

October 28, 2025 Business, General Business News

Karachi: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, citing uncertainties in global commodity prices, export challenges due to shifting tariff dynamics, and potential domestic food supply issues. The Monetary Pol...

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Wafi Energy Pakistan Reports Surge in Profit as Expansion Efforts Pay Off

October 28, 2025 Business, General Business News

Karachi: Wafi Energy Pakistan Limited (WEPL) has announced a significant improvement in its financial performance for the first nine months of 2025, reporting a profit after tax of PKR 3,030 million. This marks a substantial increase from the PKR 724 ...

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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.

  • President and Prime Minister Mourn Loss of PAF Trainer Aircraft Crew Near Mardan

    2 days ago
  • FC Established IT Institute in Panjgur Empowers Youth

    2 days ago
  • Pakistan and Italy Reaffirm Commitment to Enhance Bilateral Ties

    2 days ago
  • Punjab Budget for Next Financial Year to Be Unveiled Tomorrow

    2 days ago
  • Pakistan and Russia Agree on Enhanced Collaboration in Railway Sector

    2 days ago

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