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Bank Alfalah Forecasts Growth Amid Shifts in Financial Strategy

October 31, 2025 Business, General Business News

Karachi: Bank Alfalah Limited (BAFL) held a corporate analyst briefing today, outlining its financial performance and future strategies. The bank reported a significant decline in quarterly profit, with a 53% year-on-year drop to Rs6.16 billion, trans...

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Currency Exchange Rates See Notable Shifts in Pakistan

October 31, 2025 Business, General Business News

Karachi: The Exchange Companies Association of Pakistan released new data on October 31, 2025, revealing significant movements in currency exchange rates. According to the association, the US dollar saw a buying rate of 281.45 PKR and a selling rate o...

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Pakistan’s Banking Sector Sees 8% Profit Rise in 3Q2025

October 31, 2025 Business, General Business News

Karachi: Pakistan's listed banks reported an 8% year-on-year increase in profitability, reaching Rs170 billion in the third quarter of 2025. The growth was primarily driven by a 6% rise in Net Interest Income (NII), led by United Bank Limited (UBL), N...

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EPCL Reports Revenue Growth Amid Losses, Eyes Future Margin Improvements

October 31, 2025 Business, General Business News

Karachi: Engro Polymer and Chemicals (EPCL) presented its recent corporate briefing, revealing key insights into its business performance and future outlook. Despite reporting a consolidated loss of Rs3.4 billion for the first nine months of 2025, the...

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Meezan Bank and Visa Strengthen Partnership to Elevate Debit Card Offerings

October 31, 2025 Business, General Business News

Karachi: Meezan Bank, Pakistan's leading Islamic financial institution, has renewed and expanded its strategic alliance with Visa, a global leader in digital payments. This collaboration aims to enhance the bank's debit card portfolio and redefine the...

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Bank Alfalah Eyes Expansion Amid Stable Interest Rates

October 31, 2025 Business, General Business News

Karachi: Bank Alfalah (BAFL) conducted a Corporate Briefing Session where management discussed its financial performance and strategic outlook. The bank anticipates steady interest rates in the near term, while reporting an increase in borrowings from...

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Attock Refinery Limited Sees Significant Drop in FY25 Profits Amid Lower Sales and Prices

October 31, 2025 Business, General Business News

ISLAMABAD: Attock Refinery Limited (ATRL) reported a substantial decrease in net profit after tax (NPAT) for the fiscal year 2025, as revealed in the company's latest analyst briefing. The NPAT fell to approximately PkR12 billion, translating to an ea...

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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.

  • Keti Bandar to Be Developed as Modern Deep-Sea Port: Sindh CM

    2 days ago
  • PM Directs Full Utilization of Resources for Flood-Affectees

    2 days ago
  • President Zardari Extends Felicitations to South Korea on National Liberation Day

    2 days ago
  • President, PM Commend Security Forces for Khuzdar IBO

    2 days ago
  • Nehal Hashmi Takes Oath as Chief Scout of Sindh

    2 days ago

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