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  • FC Established IT Institute in Panjgur Empowers Youth
  • Pakistan and Italy Reaffirm Commitment to Enhance Bilateral Ties
  • Punjab Budget for Next Financial Year to Be Unveiled Tomorrow
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Allied Bank Ltd Reports 28% Decline in Profits Amid Rising Costs

October 27, 2025 Business, General Business News

Karachi: Allied Bank Ltd (ABL) conducted its analyst briefing, revealing a 28% year-on-year decrease in standalone net profit after tax (NPAT) for the first nine months of the calendar year 2025. The bank attributed this reduction to a decline in net ...

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Allied Bank Ltd Reports 28% Decline in Profits Amid Rising Costs

October 27, 2025 Business, General Business News

Karachi: Allied Bank Ltd (ABL) conducted its analyst briefing, revealing a 28% year-on-year decrease in standalone net profit after tax (NPAT) for the first nine months of the calendar year 2025. The bank attributed this reduction to a decline in net ...

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Fauji Cement Reports Subtle Earnings Growth Amid Increased Sales

October 27, 2025 Business, General Business News

Karachi: Fauji Cement Company Ltd. (FCCL) has released its financial results for the first quarter of fiscal year 2026, revealing a slight increase in profitability. The company reported earnings of PkR3.3 billion, equivalent to an earnings per share ...

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Millat Tractors Reports Significant Decline in First Quarter Earnings

October 27, 2025 Business, General Business News

Lahore: Millat Tractors Limited (MTL) announced its financial results for the first quarter of fiscal year 2026, revealing a notable decrease in earnings. The company reported an unconsolidated profit of Rs514 million, translating to an earnings per s...

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State Bank’s Rate Decision Faces Backlash From Industry Leader

October 27, 2025 Business, General Business News

KARACHI: The State Bank of Pakistan's recent decision to maintain the policy interest rate at 11 percent has drawn criticism from Muhammad Ikram Rajput, President of the Korangi Association of Trade and Industry (KATI). The rate, unchanged for the fou...

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FPCCI President Condemns State Bank’s Decision to Keep Interest Rate at 11%

October 27, 2025 Business, General Business News

Karachi: The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, has voiced strong opposition to the State Bank of Pakistan's decision to maintain its policy interest rate at 11%. He labeled the move a...

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Pakistan’s Mobile Manufacturing Sees Significant Growth in September

October 27, 2025 Business, General Business News

Karachi: Local mobile phone manufacturing in Pakistan saw a substantial increase in September 2025, with a 55% month-on-month rise in production, according to the Pakistan Telecommunication Authority. The number of mobile units manufactured or assembl...

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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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