Islamabad: Pakistan Oilfields Ltd (POL) experienced a substantial 74% year-over-year decline in its first-quarter profits for FY25, primarily due to significant losses associated with a dry exploration well in the Chakwal region. The company announced …
Karachi: Systems Limited (SYS) is expected to report a net profit after tax (NPAT) of PkR1.7 billion for the third quarter of CY24, marking a 9.4% decrease from the same period last year. Despite growing revenues, particularly from the Middle East and …
Karachi: The United Business Group (UBG) has extended its congratulations to the Government of Pakistan for the successful hosting of the Shanghai Cooperation Organization (SCO) summit in Islamabad, which saw participation from heads of state from seve…
Karachi: In response to the escalating viral and epidemic diseases in Karachi and the broader Sindh region, the President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has formally requested the Sindh Chief Minister,…
Islamabad: The Federal Board of Revenue (FBR) has announced a one-month extension for exporters to submit the required affidavit with their sales tax returns. This decision follows concerns raised by various exporter associations, including the Federat…
Islamabad: The Central Development Working Party (CDWP) has granted its approval for the construction of the Cholistan Canal and Systems-Phase I, advancing the project to the next stage of review by the Executive Committee of the National Economic Coun…