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Pakistan’s Central Bank Holds Steady on Interest Rates Amid Improved Economic Outlook

October 27, 2025 Business, General Business News

KARACHI: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, as anticipated by market analysts. This decision follows a meeting of the Monetary Policy Committee (MPC), which highlighted a more optimistic economic outlook t...

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Earnings Forecast: Pakistani Oil and Gas Companies to See Mixed Results

October 27, 2025 Business, General Business News

Karachi: Earnings for Pakistan's leading oil and gas exploration and production companies are projected to remain subdued in the first quarter of fiscal year 2026, according to a preview released by JS Global. The report anticipates a decline of 8% ye...

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Fauji Cement’s Earnings Rise Amidst Lower Margins

October 27, 2025 Business, General Business News

Islamabad: Fauji Cement Company Limited (FCCL) reported a 2% increase in earnings for the first quarter of fiscal year 2026, but the results fell short of expectations due to declining gross margins. The company announced earnings of Rs3.29 billion, t...

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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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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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