Karachi: The Central Depository Company of Pakistan Limited (CDC) has signed an agreement with Finnect (Private) Limited to facilitate Raast-based QR payments for Investor Account Services (IAS) Account Holders. This partnership introduces a new devic…
Karachi: Systems Limited has announced its financial results for the second quarter of the calendar year 2026, showcasing a 14% year-over-year increase in profit after tax. The company reported a profit after tax of PkR3.0 billion, with earnings per s…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the Insurer Financial Strength (IFS) rating of Dawood Family Takaful Limited, reflecting the company’s sustained improvement in profitability, robust premium growth, and a stren…
Karachi: APL has reported a decline in its net profit after tax (NPAT) for the fourth quarter of the financial year 2026, amounting to PkR2.2 billion, which represents a 19 percent decrease year-on-year and a 74 percent drop quarter-on-quarter. This b…
Lahore: Daewoo Pakistan Express Bus Service Limited has been assigned initial ratings by PACRA for its third rated, secured, privately placed, short-term Sukuk-III valued at PKR 4 billion. The company, a leading transport and logistics operator in Pak…
Lahore: Pak Elektron Limited (PAEL) has announced its financial results for the second quarter of 2026, reporting earnings of Rs1,749 million, equivalent to an earnings per share (EPS) of Rs1.89. This marks a 2% increase year-over-year and a doubling …