Karachi, Engro Fertilizer Limited (EFERT) disclosed a notable rise in its 3QCY23 earnings, with the figure reaching Rs9.6bn (EPS Rs7.18) – a significant increase compared to Rs3.13 EPS in 3QCY22. Alongside these promising results, EFERT announced a div…
Karachi, The benchmark KSE-100 index faced a decline, shedding 100 points to close at 49,431 as reported by Taurus Securities Limited in their recent market roundup. With a trading volume of 332 million shares, certain stocks such as FCEPL, CNERGY, and…
Karachi, In a display of significant market vitality, the KSE-100 index soared past the 50,000 mark, recording a substantial gain of 934 points to conclude at 50,365. According to a research report by JS Securities Limited, the rally witnessed widespre…
Jakarta, Amidst an atmosphere of growing bilateral trade relations, the 38th “Trade Expo Indonesia” in Jakarta became the centerpiece for discussions between Indonesian and Pakistani trade representatives. Inaugurated by Indonesia’s Coordinating Minist…
Islamabad, Unilever Pakistan, in collaboration with SEED Ventures, has launched ‘2nd Life Pakistan’, an initiative specifically designed to address plastic waste and promote sustainable waste management throughout Pakistan. This effort seeks to harness…
Karachi, In a bid to create a more business-friendly environment in Pakistan, the Ambassador of Thailand, Chakkrid Krachaiwong, has emphasized the need to resolve issues pertaining to Letter of Credit (LC) and the repatriation of foreign currency. He e…
Karachi, Pak Suzuki Motor Company Ltd. (PSMC) unveiled its financial results for 3QCY23, reflecting a noteworthy surge in profits. According to the details provided by AKD Securities Limited, the auto manufacturer reported earnings of PkR3.8bn (PkR46.2…
Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has opted to maintain the stability rating of the Atlas Income Fund (“AIF” or the “Fund”), highlighting the fund’s moderate risk profile. With an investment objective centered on securing compet…
Karachi, Pakistan State Oil (PSO) is projected to announce a notable profit after tax (PAT) of PkR18.3bn for 1QFY24, marking a significant increase from the same period last year. The hike can be attributed to increased gross margins, especially on reg…
Islamabad, U Microfinance Bank has ushered in a new leadership era with the appointment of Mr. Mohamed Essa Al Taheri as its Acting President and CEO. Already familiar with U Bank’s operations through his role on the Board of Directors, Mr. Al Taheri b…
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