Karachi: Baluchistan Glass Ltd. (BGL) faced significant financial challenges in FY24, reporting a loss of PKR 508 million, a sharp increase from the previous year’s PKR 135 million. The losses were primarily attributed to an extended eleven-month shut…
Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling prices for major currencies such as the USD, Euro, and GBP between October 16 and 17, 2024.
Accord…
Islamabad: Leading companies in Pakistan’s exploration and production sector reported significant declines in profitability for the first quarter of FY25. Oil and Gas Development Company Ltd (OGDC), Pakistan Petroleum Ltd (PPL), Mari Petroleum Compa…
Karachi: D.G. Khan Cement Company Ltd. (DGKC) disclosed its financial outcomes for the first quarter of FY25, revealing a 22% year-over-year increase in earnings, surpassing market expectations. This improvement was notably driven by robust gross marg…
Karachi: Rehan Javed has been appointed as the representative of the Korangi Association of Trade and Industry (KATI) in the Karachi Chamber of Commerce, a move aimed at addressing the pressing energy issues faced by the city’s traders. Javed’s appoin…
Karachi: The Pakistani stock market had a volatile day, opening positively but ultimately closing down by 620 points at 85,585. The market saw significant trading volume with 513 million shares exchanged, highlighting a busy trading session amidst shi…