Karachi: In a significant financial turnaround, Mughal Iron and Steel Industries Ltd. (MUGHAL) is expected to report a substantial increase in earnings for the first quarter of fiscal year 2026, according to a preview by JS Global. The company is anti…
Karachi: Pakistan Petroleum Limited (PPL) reported a decrease in its earnings for the first quarter of the fiscal year 2026, with earnings per share (EPS) falling 15% year over year to Rs7.38. The decline was primarily attributed to reduced hydrocarbo…
Karachi: Oil and Gas Development Company Ltd (OGDC) reported its financial performance for the first quarter of fiscal year 2026, revealing earnings of PkR38.3 billion, which represents a 7% decline compared to the same period last year. This decrease…
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan’s business and policy circles, has raised concerns over the country’s current economic growth trajectory, asserting that the projected 3.0% GDP growth is inadequate to address pressing issues…
Karachi: The Exchange Companies Association of Pakistan reported fluctuations in currency exchange rates on October 29, 2025, with the USD and EURO experiencing slight increases. The USD was recorded at a buying rate of 281.46 and a selling rate of 28…
Karachi: Pakistan Petroleum Limited (PPL) has reported a 15% year-on-year decrease in its earnings per share for the first quarter of fiscal year 2026, attributed mainly to reduced hydrocarbon production. The company’s earnings for the quarter amounte…