Rakshit Choudhary promoted to co-CEO Rakshit Choudhary promoted to co-CEO, partnering with Founder and CEO Jean-Yves Sireau Deriv refreshes its leadership model as it gets set to celebrate its 25th anniversary Rakshit Choudhary, co-CEO of Deriv CYBERJAYA, Malaysia, April 26, 2024 (GLOBE NEWSWIRE) — In a significant move for the online trading company, as it […]
Lahore, Pioneer Cement Limited (PIOC) has released its financial results for the third quarter of the fiscal year 2024, reporting earnings of PKR 1.2 billion (EPS: PKR 5.3). This represents a 29% decrease from the previous quarter’s earnings of PKR 1.7…
Lahore, Maple Leaf Cement Factory Limited (MLCF) reported a 33% decrease in consolidated earnings for the third quarter of fiscal year 2024, recording profits of PkR1.5 billion, down from PkR2.2 billion in the previous quarter. The company attributed t…
Karachi, Pakistan State Oil (PSO) reported its 3QFY24 earnings, revealing a Profit after Tax (PAT) of PKR 5.65 billion (EPS: PKR 12.03), which was lower by 59% compared to the same period last year, but above expectations. The company’s gross margins i…
Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings for Ashraf Sugar Mills Limited (ASML) at ‘A-/A-2’. The medium to long-term rating of ‘A-‘ indicates good credit quality with adequate protection factors, though risk fac…
Karachi, Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Limited (ASTL), two key players in the long steel sector, are expected to report subdued earnings for the third quarter of fiscal year 2024, As per recent previews. The sector has been affe…
Islamabad, Zindigi, in partnership with JS Bank, MyTM, and Cashin (KSA), has announced a new initiative to digitize the pilgrimage experience for Pakistani citizens during Hajj and Umrah. This collaborative effort aligns with Saudi Arabia’s Vision 2030…
Karachi, Nestle Pakistan reported that its revenue for the three-month period ending March 31, 2024, rose to PKR 54.4 billion, marking a 9.7% increase compared to the same period last year. This growth can be attributed to broad-based expansion across …
Lahore, Imran Ameen, CEO of the Central Business District (CBD), attended a meeting chaired by Lahore Development Authority (LDA) Director General Tahir Farooq to discuss the LDA’s restructuring, as reported by a news source. The meeting aimed to impro…
Islamabad, The Capital Development Authority (CDA) is seeking approval from the federal cabinet to construct two new five-star hotels in Sector F-5 of Islamabad. This initiative follows a meeting chaired by Prime Minister Shehbaz Sharif, where CDA subm…
© 2024, All Right Reserved by Pakistan Business News