Karachi: The general public will have the opportunity to subscribe to the initial public offering (IPO) of Pak Qatar General Takaful Limited (PQGTL) starting January 28, after a strong response from institutional investors in the book-building phase. …
Lahore: Honda Atlas Cars Pakistan Ltd. (HCAR) announced its financial results for the third quarter of the fiscal year 2026, reporting a profit after tax (PAT) of PkR655 million, marking a 16% increase from the PkR566 million recorded in the same peri…
Karachi: Profitability within the AKD Cement Universe is expected to decline by 2% year-over-year in the second quarter of fiscal year 2026, driven mainly by a 6% decrease in domestic cement prices in the northern region of the country.
According to…
Karachi: Pakistan’s inflation rate is projected to increase in January 2026, with the Consumer Price Index (CPI) expected to range between 5.75% and 6.25% year-on-year, compared to 5.61% in December 2025 and 2.40% in January 2025. The month-on-month i…
Karachi: In an unexpected move, the State Bank of Pakistan (SBP) announced that it would keep the policy rate steady at 10.5%, despite widespread expectations of a reduction between 50 to 100 basis points. The decision comes amid concerns over persist…
Karachi: Sazgar Engineering Works Limited (SAZEW) announced its financial results for the second quarter of fiscal year 2026, reporting an earnings per share (EPS) of Rs66.55. Despite showing a year-on-year increase of 67 percent, the quarterly earnin…