Karachi: Pak Elektron Limited (PAEL) has revealed a mixed financial performance for the first half of 2024, with notable declines in sales volumes tempered by gains in profitability margins, as shared in today’s analyst briefing.

According to AKD Se…

Karachi: Shan Foods has announced the appointment of Tahir Malik as its first Global Chief Executive Officer, a strategic move aimed at strengthening its leadership across its extensive operations in over 70 countries. This appointment marks a signifi…

Karachi: Interloop Ltd. (ILP), a major player in the textile industry, reported a significant decline in its annual earnings for the fiscal year 2024, with profits falling by 22% year-over-year amid shrinking gross margins and rising operational costs…

Karachi: Local and international cotton prices have seen a notable recovery, with local prices increasing by 8% following a significant low in July 2024. This price adjustment comes in response to anticipated reductions in crop output globally, affect…

Karachi: The SITE Association of Industry (SAI) has elected new office bearers for the 2024-26 term during its 60th Annual General Meeting (AGM). Ahmed Azeem Alvi has been chosen as President, with Khalid Riaz as Senior Vice President, and Muhammad Ri…

Karachi: In the latest financial disclosures, ILP and NML have reported their earnings for the fourth quarter of FY24, revealing a mixed economic performance amid challenging market conditions. ILP’s earnings saw a decline compared to the same period …