Karachi: Indus Motor Company Ltd. (INDU) has reported a decline in profitability for the fourth quarter of fiscal year 2026, citing a decrease in sales as the primary factor. The company announced a net profit after tax (NPAT) of 6.1 billion Pakistani…
KARACHI: The government has announced the formation of Export Facilitation Committees to address exporters’ concerns, resolve disputes, and prevent harassment by tax officials, Minister of State for Finance and Railways Bilal Azhar Kayani stated durin…
KARACHI: The government has announced the formation of Export Facilitation Committees aimed at addressing exporters’ concerns, resolving disputes, and preventing harassment by tax officials. The initiative, announced by Bilal Azhar Kayani, Minister of…
KARACHI: Recent data indicates a slight shift in currency exchange rates as the financial landscape continues to evolve. The Exchange Companies Association of Pakistan has released new figures, detailing the adjustments in the value of multiple foreig…
Karachi: Pakistan’s listed banks reported a 4% decline in profitability on a quarter-on-quarter basis during the second quarter of 2026, with net interest income falling by 2%, according to a recent press release. The banks recorded a total profitabil…
Karachi: Pakistan’s listed banks reported a 4% decline in profitability on a quarter-on-quarter basis during the second quarter of 2026, with net interest income falling by 2%, according to a recent press release. The banks recorded a total profitabil…