Karachi: Pakistan Petroleum Limited (PPL) has announced a notable financial adjustment and progress in its gas development projects, as detailed in its latest annual report. The report highlights a tax reversal amounting to Rs8.1 billion, linked to a …
Karachi: International Steels Limited (ISL) reported a significant increase in its domestic market share and flat steel demand for the fiscal year 2026, reflecting a 25% year-on-year growth. The company, which now holds 28% of the market, attributes t…
Karachi: Pakistan’s Oil Marketing Companies (OMCs) witnessed a complex sales landscape in September, with a 2% year-on-year decrease to 1.3 million tons, yet a 7% increase compared to the previous month. This brought first-quarter fiscal year 2027 sal…
Karachi: The State Bank of Pakistan has released its latest data on the weighted average customer exchange rates as of October 2, 2026, indicating minor fluctuations in the buying and selling rates across major foreign currencies. The report highlight…
Karachi: Urea demand witnessed a significant increase in September, with offtakes estimated at 610,000 tons, marking a 42% rise compared to the same period last year, though a 13% decrease from the previous month. Dealers are reportedly building inven…
Karachi: Pakistan’s urea sales in September 2026 are projected to experience a significant year-on-year increase of 43%, reaching 611,000 tons, despite a monthly decline of 13%. According to JS Global, the overall urea sales for the first nine months …