Lahore: Pioneer Cement Ltd. (PIOC) has reported a significant 25% year-over-year increase in earnings for the first quarter of the fiscal year 2026, driven primarily by an uptick in offtakes, according to a recent financial release. The company's earn...
Read More »Pakistan’s Inflation Projected to Rise Amid Surging Food and Energy Prices
KARACHI: Pakistan's inflation rate is anticipated to register an increase in October 2025, driven primarily by rising food and energy costs, according to projections from JS Global. The Consumer Price Index (CPI) is expected to range between 5.25% and...
Read More »Foreign Investors Show Renewed Confidence in Pakistan’s Economic Climate
Karachi: A recent survey conducted by the Overseas Investors Chamber of Commerce and Industry (OICCI) suggests a positive shift in foreign investor sentiment towards Pakistan. The OICCI's Perception and Investment Survey 2025 indicates that 73 percent...
Read More »PSO Reports Rs 9.4 Billion Profit in Q1 FY26
Karachi: Pakistan State Oil (PSO) delivered a robust performance in the first quarter of FY26, posting a profit after tax of PKR 9.4 billion and earnings per share of PKR 20. This financial achievement was disclosed during a meeting of the company's B...
Read More »KSE Indices Fall as Markets React to Economic Signals
Karachi: The Karachi Stock Exchange saw a notable decline on October 28, 2025, as both the KSE30 and KSE100 indices recorded significant drops. The KSE30 index closed at 48,859.40, down 559.19 points from the previous close of 49,418.59. Similarly, th...
Read More »Bank Makramah Limited Reports a Turnaround with PKR 1.75 Billion Profit
Karachi: Bank Makramah Limited (BML) announced a significant financial turnaround, reporting a profit before tax of PKR 1.75 billion for the nine months ending September 30, 2025. This marks a remarkable recovery from a loss of PKR 5.05 billion in the...
Read More »Mobile Phone Manufacturing in Pakistan Sees Significant Growth
Karachi: The Pakistan Telecommunication Authority (PTA) reported a notable increase in local mobile phone manufacturing and assembly, with 3.01 million units produced in September 2025. This marks a 40% year-over-year and 55% month-over-month growth. ...
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