FLASHNEWS:

Day: February 24, 2025

MCB Bank Announces CY24 Results: Profits Dip Amid Rising Expenses

Lahore: MCB Bank Limited (MCB) recently conducted an analyst briefing to discuss its financial results for the calendar year 2024 and its future outlook. The bank reported a profit decline of 3.4% year-on-year, totaling PkR57.6 billion, primarily due …

Jinn Petroleum Ratings Upgraded Amid Strategic Growth Moves

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the entity ratings of Jinn Petroleum (Pvt.) Limited, marking a significant development for the emerging oil marketing company. The long-term rating has been improved from BBB to B…

Lucky Cement Reports Robust Earnings Growth Amid Cost Efficiencies

Karachi: Lucky Cement Company Limited (LUCK) has announced significant earnings growth for the second quarter of the fiscal year 2025, driven by increased cement dispatches and strategic cost efficiency measures. The company’s earnings per share (EPS)…

Sindh High Court Upholds Windfall Tax on Banks

Karachi: The Sindh High Court has upheld the legality of Section 99D of the Finance Bill 2023, dismissing petitions from commercial banks that challenged the windfall tax. This decision allows the Federal Board of Revenue (FBR) to enforce the tax, lea…

Vivo’s X200 Pro Sets New Standards in Mobile Photography

Lahore: The vivo X200 Pro is capturing attention in the mobile photography arena with its advanced camera system aimed at both professionals and photography enthusiasts. Equipped with a 200 MP ZEISS APO Telephoto Camera and innovative features like Te…