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 ...
Read More »MPC Holds Steady at 11% as Economic Uncertainties Loom
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...
Read More »Wafi Energy Pakistan Reports Surge in Profit as Expansion Efforts Pay Off
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 ...
Read More »Pioneer Cement Posts Strong First-Quarter Earnings Boosted by Increased Offtakes
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...
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