Karachi, In a recent analyst briefing, Hub Power Company Limited (HUBC) shared insights into its financial performance, growth strategies, and the challenges it faces, particularly in relation to circular debt and power transmission limitations. The ma…

Karachi, Engro Polymer and Chemicals Ltd. (EPCL) has reported a significant 34% quarter-on-quarter increase in its earnings for the fourth quarter of CY23, reaching PkR3.5 billion, up from PkR2.6 billion in the previous quarter. This growth is primaril…

Islamabad, Pakistan’s oil and gas production showed an uptick in December, As per the latest figures from the Pakistan Petroleum Information Service (PPIS). The country’s crude oil production rose by 1.0% month-over-month to 71.9 thousand barrels per d…

Karachi, The Pakistan Stock Exchange experienced significant volatility in a shortened three-day trading week, deeply influenced by the ongoing political uncertainty following the recent elections. Despite eight days since the polls closed, a clear dir…

Karachi, Cherat Cement Company Limited (CHCC) has announced its results for the second quarter of the fiscal year 2024, recording its highest ever quarterly earnings. The company’s profits surged to PkR1.9 billion, marking a 22% increase from the previ…

Karachi, The Pakistan Stock Exchange (PSX) witnessed a significant drop in the KSE-100 index, closing down by 1,134 points due to broad-based selling amidst renewed political uncertainty. The decline reflects investor sentiment and market dynamics, wi…

Karachi, Pakistan’s cement industry reported a mixed set of financial results for the second quarter of the fiscal year 2024 (2QFY24), reflecting a blend of challenges and achievements amidst fluctuating economic conditions. Leading companies in the se…

Karachi, The Hub Power Company (HUBC) has reported a significant 44% year-on-year increase in its earnings for the first half of fiscal year 2024, alongside announcing a cash dividend of PKR 4.0 per share for the quarter. This financial milestone excee…

Islamabad, Pakistani authorities have announced a significant increase in gas tariffs effective from March 1, targeting primarily the domestic consumers and the fertilizer sector. This adjustment marks the second increase within four months and the thi…

Kohat, Kohat Cement Company Limited (KOHC) has announced its financial results for the second quarter of fiscal year 2024, reporting earnings of PKR 2.2 billion, equivalent to an earnings per share (EPS) of PKR 11.4. This performance reflects a steady …