Karachi: Interloop Limited, a prominent player in Pakistan’s textile industry, has maintained its ‘Buy’ rating with a projected target price of Rs104 by December 2025. Despite revising its earnings outlook for the first half of FY25, the company is pu…
Karachi: In its fiscal year 2024 briefing, Mughal Steel announced a record revenue of PKR 92.4 billion, marking a 37% increase from the previous year, driven largely by higher sales volumes. Despite this achievement, the company faced significant chal…
Karachi: PACRA has maintained its broker management rating for Spectrum Securities Limited at a BMR3+ level, reflecting a stable outlook. This was announced in a recent review of the company’s performance in the equity brokerage sector.
According to…
Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates for the second consecutive day. The rates for the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal showed slight …
KARACHI: Swedish companies operating in Pakistan are facing significant challenges due to high tax rates, energy prices, and difficulties in transferring foreign currencies, Ms. Alexandra Berg von Linde. In a meeting with the Karachi Chamber of Commer…
Karachi: Haleon Pakistan Limited (HALEON) has reported a considerable increase in earnings, achieving Rs3.2 billion for the first nine months of the calendar year 2024, marking a 5.1-fold year-on-year growth, This surge translates into an earnings per…
ISLAMABAD: Pakistan Petroleum Limited (PPL) has been recognized as one of the largest corporate donors in Pakistan for 2022 by the Pakistan Centre for Philanthropy (PCP), marking the 19th consecutive year it has received this honor. PPL’s Corporate So…