FLASHNEWS:

Day: April 23, 2026

Meezan Bank Reports Higher-than-Expected Earnings in 1Q2026

Karachi: Meezan Bank has announced its financial results for the first quarter of 2026, revealing earnings that exceeded expectations. The bank recorded unconsolidated earnings of Rs23.4 billion, translating to an earnings per share (EPS) of Rs13.0, m…

OGDC Successfully Revives Gas Production at Jand-1 Well in Punjab

Attock: OGDC has successfully resumed gas production at the Jand-1 well in District Attock, Punjab, tripling its output to 21 million cubic feet per day (mmcfd) after an in-house technical team executed recompletion and stimulation. Initially discover…

Kohat Cement Reports 20% Earnings Decline Amid Lower Offtakes

Karachi: Kohat Cement Company Ltd. (KOHC) has reported a significant decline in its earnings for the third quarter of the fiscal year 2026, attributing the decrease primarily to reduced offtakes. The company announced earnings of PkR1.9 billion, or Pk…