FLASHNEWS:

Category: Business

State Bank’s Rate Decision Faces Backlash From Industry Leader

KARACHI: The State Bank of Pakistan’s recent decision to maintain the policy interest rate at 11 percent has drawn criticism from Muhammad Ikram Rajput, President of the Korangi Association of Trade and Industry (KATI). The rate, unchanged for the fou…

Fauji Cement’s Earnings Rise Amidst Lower Margins

Islamabad: Fauji Cement Company Limited (FCCL) reported a 2% increase in earnings for the first quarter of fiscal year 2026, but the results fell short of expectations due to declining gross margins. The company announced earnings of Rs3.29 billion, t…

Pakistan Showcases Robust Beauty Industry at Dubai Exhibition

KARACHI: Pakistan has made a significant impact at the Beautyworld Middle East 2025, showcasing 40 exhibitors at the World Trade Center in Dubai, and marking a milestone in the country’s beauty industry.

With over 75,000 visitors and 2,500 exhibitor…

Fauji Cement Reports Subtle Earnings Growth Amid Increased Sales

Karachi: Fauji Cement Company Ltd. (FCCL) has released its financial results for the first quarter of fiscal year 2026, revealing a slight increase in profitability. The company reported earnings of PkR3.3 billion, equivalent to an earnings per share …