Karachi: Oil and Gas Development Company (OGDC) has made a new discovery at the Baloch-2 well in the Sinjhoro Block, Sindh, which is expected to significantly boost its production with 388 barrels of condensate and 6.8 million cubic feet of gas per day…
Karachi: Pakistan State Oil (PSO) and Fauji Cement Company Ltd. (FCCL) announced their financial results for FY24 today, revealing substantial year-over-year earnings growth and unexpected dividend payouts. PSO recorded a significant increase in profit…
Karachi: Systems Limited is anticipated to report a substantial year-over-year revenue increase and solid profit in its second-quarter results for CY24, reflecting continued growth in the Middle East, Africa, and North American markets.According to AKD…
Karachi: MCB Limited has disclosed its financial results for the first half of 2024, reporting a 20% increase in profit before tax, which amounted to PKR 31.9 billion. The results reflect strong gains in net markup and non-interest income despite econo…
Karachi: Allied Bank Limited (ABL) has reported a notable increase in profits for the first half of the fiscal year 2024, driven by significant growth in net interest and non-markup income, as well as a reversal of previous provisions. The bank announc…
Karachi: Fatima Fertilizer Company Ltd. (FATIMA) today announced a significant rise in its second-quarter earnings for 2024, with profits surging by approximately 4.4 times compared to the same period last year, driven by improved gross margins and inc…