Karachi: Power Cement Ltd (POWER) has reported a significant turnaround in its financial performance, with the company posting a profit after tax of Rs316 million in the third quarter of fiscal year 2025. This comes in stark contrast to the Rs717 mill…
Karachi: Power Cement Ltd. reported a significant financial turnaround in its recent analyst briefing, showcasing improved profitability and strategic shifts in its operational approach. The company posted a profit of PkR348 million in the first nine …
Karachi: Power generation in April 2025 soared to 10,513 gigawatt-hours (GWh), marking a significant increase of 22 percent compared to April of the previous year and a 25 percent rise month-on-month. This surge was primarily driven by increased cooli…
Karachi: The State Bank of Pakistan (SBP) announced adjustments in its overnight repo and reverse repo facilities on May 21, 2025, according to a recent press release from the central bank. The SBP reported activity involving one institution for each …
Karachi: The cement sector in Pakistan experienced a substantial increase in earnings during the third quarter of fiscal year 2025, according to a recent analysis of eight key companies. Earnings surged by 2.3 times year-on-year, primarily driven by a…
Karachi: The State Bank of Pakistan has released new data outlining recent institutional transaction limits, indicating a ceiling of 24,400 units for one institution and a floor of 60,000 units for another.
The data released covers transactions dat…
Karachi: The State Bank of Pakistan has released the latest figures for the weighted average customer exchange rates. The data provides insights into the buying and selling rates for various international currencies as of the latest update.
The exc…