KARACHI: Allied Bank Limited (ABL) announced a decrease in its net profit for the third quarter of the calendar year 2025, reflecting a challenging economic environment. The bank reported a net profit after tax (NPAT) of PKR 8.4 billion, equivalent to…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pakistan Income Enhancement Fund (PIEF), which operates under a medium risk profile. The Fund aims to generate returns through an aggressive strategy …
Lahore: MCB Bank Limited has announced a Profit Before Tax of Rs. 87.48 billion for the first nine months of 2025, alongside a third interim dividend of 90%, as reported by the Board of Directors under the leadership of Chairman Mian Mohammad Mansha. …
Karachi: The Pakistani auto industry is poised for a surge in profitability during the first quarter of fiscal year 2026, according to a report by AKD Securities Limited. The report forecasts a 25 percent year-on-year increase in earnings, amounting t…
Karachi: The State Bank of Pakistan has released the latest exchange rates for major currencies, providing the financial sector with updated figures for both buying and selling transactions.
According to the figures released, the buying rate for the…
Lahore: TCL, Pakistan’s leading LED TV brand, recently concluded its Middle East and Africa Air Conference 2025, showcasing cutting-edge air conditioning technologies in China. The six-day event, themed ‘Where Air Meets the Future,’ drew participants …