AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: BankIslami has been recognized as a leading Islamic financial institution in Pakistan, clinching two significant awards at the 22nd CFA Society Pakistan Annual Excellence Awards. The bank was awarded "Best Bank of the Year 2024 (Mid-Sized Ban...

LAHORE: Pioneer Cement Limited reported a mixed financial performance during its recent analyst briefing, highlighting a decrease in yearly profitability alongside a significant quarterly improvement. The company disclosed a profit of PKR 4.9 billi...

Lahore: Nishat Chunian Limited (NCL) held a corporate briefing today, revealing a 6% year-over-year increase in earnings for the fiscal year 2025. The company reported earnings of Rs751 million, equivalent to an earnings per share of Rs3.13, despite a...

Karachi: Meezan Bank Ltd (MEBL) reported a 13% year-on-year decline in profit for the first nine months of the calendar year 2025, according to an analyst briefing held yesterday. The bank's profit stood at PKR 67.2 billion, translating to earnings pe...

Karachi: Pakistan Petroleum Ltd (PPL) has increased the gas processing capacity at its Gambat South Gas Processing Facility (GPF-II) to 60 million cubic feet per day (mmcfd), up from 55 mmcfd. This upgrade has led to an additional production of approx...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Prism Energy (Private) Limited (PEPL), a company engaged in solar renewable energy operations in Pakistan. PEPL, which began its operations in August 2020,...

Srinagar: Indian forces have arrested at least 1,500 Kashmiris, including women and doctors, in fabricated cases across Indian Illegally Occupied Jammu and Kashmir (IIOJK). According to Radio Pakistan, Indian Army, paramilitary forces, police, and ot...