KARACHI: The President of the Karachi Chamber of Commerce and Industry (KCCI), Jawed Bilwani, has urged the government to maintain and strengthen the Export Finance Scheme (EFS) to sustain Pakistan’s export-led growth. Emphasizing its importance, Bilw…
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…