Karachi: The KSE-100 index posted a gain of 755 points, closing at 82,722 as volumes stood at 320 million shares, down from 361 million shares in the previous session. The day saw broad-based buying, with notable activity in the exploration and produc…
Karachi: PSO demonstrated a notable improvement in cash collection during the fourth quarter of fiscal year 2024, reaching 112% receivable collection and decreasing trade debts by PkR36 billion compared to the previous quarter. This financial milestone…
Islamabad: The International Monetary Fund (IMF) has approved a new 37-month Extended Fund Facility for Pakistan worth SDR 5,320 million (approximately US$7 billion), with an initial disbursement of SDR 760 million (US$1 billion). This financial suppor…
Karachi: International Industries Limited (INIL) reported a 35% decline in profit for the fiscal year 2024, posting earnings of PkR1.5 billion (EPS: PkR11.17) compared to PkR2.3 billion (EPS: PkR17.23) in the same period last year. The decrease is attr…
Islamabad: Bestway Cement Limited (BWCL) disclosed its financial outcomes for the fiscal year 2024, showing a significant profit rise and a boost in market share during its analyst briefing today.According to AKD Securities Limited, BWCL’s profits clim…
Karachi: Nishat Mills Ltd. (NML) has released its financial results for FY24, showing a significant downturn in earnings, which fell 48% year-over-year to PKR 6.4 billion, with an earnings per share (EPS) of PKR 18.1. This decline was largely due to re…