Karachi: Pakistan Petroleum Ltd (PPL) has increased the gas processing capacity at its Gambat South Gas Processing Facility (GPF-II) to 60 million cubic feet per day (mmcfd), up from 55 mmcfd. This upgrade has led to an additional production of approx…
LAHORE: Pioneer Cement Limited reported a mixed financial performance during its recent analyst briefing, highlighting a decrease in yearly profitability alongside a significant quarterly improvement.
The company disclosed a profit of PKR 4.9 billi…
Karachi: Meezan Bank Ltd (MEBL) reported a 13% year-on-year decline in profit for the first nine months of the calendar year 2025, according to an analyst briefing held yesterday. The bank’s profit stood at PKR 67.2 billion, translating to earnings pe…
KARACHI: The Pakistani automotive sector experienced a notable uptick in October 2025, with a 38% year-over-year increase in sales volumes. The industry sold a total of 20,985 units during the month, driven predominantly by the passenger car segment.
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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Prism Energy (Private) Limited (PEPL), a company engaged in solar renewable energy operations in Pakistan. PEPL, which began its operations in August 2020,…
Karachi: The Pakistan Stock Exchange saw a notable decline on Tuesday, with the KSE-30 and KSE-100 indices both experiencing sharp drops. The KSE-30 index fell by 1,124.44 points, a 2.30 percent decrease, closing at 47,843.07. Similarly, the KSE-100 i…
Karachi: The KSE-100 index closed at 161,538, gaining 1,946 points on the day as trading volumes increased to 783 million shares from 769 million previously. The index’s position above the 50-day moving average at 160,750 suggests potential support, a…