Faisalabad: Interloop Limited (ILP) is set to announce its financial results for FY24, projecting a significant year-over-year decline in earnings due to increased operational costs, despite achieving record annual exports.According to JS Global, ILP e…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned a preliminary rating of ‘A-1’ to the proposed Short Term Sukuk (STS) of Al Karam Textile Mills (Private) Limited (AKTM), indicating a strong likelihood of timely repayment given the company’…
Karachi: The Institute of Business Administration (IBA) Karachi, in partnership with Bank Alfalah and Stanford Life Design Lab, has launched a new Design Thinking program aimed at fostering innovation and strategic problem-solving among management prof…
Multan: Defence Housing Authority (DHA) Multan has achieved a significant milestone in community development by fully electrifying Sector P Low-Cost Housing, marking a critical advancement in supporting affordable living options in the region.According…
Karachi: Habib Bank Limited (HBL) has reported a 12% increase in profit before tax for the first half of 2024, totaling PKR 29.6 billion, driven by robust net interest income and non-interest income, despite elevated provisioning and operational costs….
Karachi: The Korangi Association of Trade and Industry (KATI) has publicly declared its support for the nationwide traders’ strike scheduled for August 28, emphasizing the urgent need for government action on tax reductions, electricity pricing reforms…
Karachi: BankIslami Pakistan Limited has announced a significant 66.2% increase in its profit before tax, reaching Rs. 13.8 billion for the first half of 2024, underscoring the institution’s robust performance and strategic financial management amid ch…