KARACHI: Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has voiced significant concerns over the anticipated direction of the federal budget for the fiscal year 2026-27. He highlighted the need for the national economy to tra…
KARACHI: Former Vice President of FPCCI and ex-Chairman of the Pakistan Ship Agents Association, Tariq Haleem, expressed concerns over the upcoming federal budget, which is being developed under IMF conditions, potentially posing challenges for the bu…
Karachi: Systems Limited announced a 21% year-on-year increase in its profit after tax for the first quarter of the calendar year 2026, reaching PkR3.0 billion compared to PkR2.5 billion in the same period last year. The earnings growth was driven by …
Karachi: Systems Limited (SYS) reported a 21% year-over-year increase in earnings per share (EPS) for the first quarter of 2026, reaching Rs2.05, despite lower-than-expected gross margins, according to its latest financial results. The company’s conso…
Lahore: The Pakistan Carpet Manufacturers and Exporters Association is pushing to strengthen trade ties with Rwanda, expand exports, and address challenges facing the industry. Mian Atiq-ur-Rehman, chairman of the association, held discussions with Ha…
Karachi: AGP Limited has unveiled a significant corporate reorganization plan aimed at consolidating its operations to increase shareholder value. The initiative, approved by the company’s board, involves merging several operating companies under the …
Lahore: Pak Elektron Limited (PAEL) has revised its earnings expectations for 2026 and 2027, citing lower gross profit margins and reduced sales in its power segment. Despite these adjustments, the company maintains a BUY stance, projecting a 40% pote…