FLASHNEWS:

Day: October 27, 2025

Systems Limited Reports 28% Increase in Third-Quarter Earnings

Karachi: Systems Limited (SYS) has reported a significant rise in its third-quarter earnings for 2025, with a consolidated profit after tax of Rs2.8 billion, equivalent to earnings per share (EPS) of Rs1.90. This marks a 28% increase compared to the s…

Nishat Mills Limited Receives Preliminary Debt Rating from PACRA

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned a preliminary debt instrument rating to Nishat Mills Limited (NML) for its PKR 7 billion privately placed term sukuk (PPSTS). NML, a major player in Pakistan’s textile sector and t…

Mobile Phone Manufacturing in Pakistan Sees Significant Growth

Karachi: The Pakistan Telecommunication Authority (PTA) reported a notable increase in local mobile phone manufacturing and assembly, with 3.01 million units produced in September 2025. This marks a 40% year-over-year and 55% month-over-month growth.

AI-Powered Legal Platform Launched for Pakistan’s SMEs

Lahore: The Small and Medium Enterprises Development Authority (SMEDA) has announced the launch of an AI-powered legal and compliance support platform designed for small and medium enterprises (SMEs) across Pakistan. This initiative is a collaboration…

Cherat Cement’s Profitability Declines Despite Revenue Growth

Karachi: Cherat Cement Company Ltd. (CHCC) has reported a 27 percent year-on-year decline in profitability for the first quarter of the fiscal year 2026, as per the company’s financial results. The cement manufacturer registered a profit of PKR2.1 bil…