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Category: Business

Pakistan Petroleum’s Earnings Drop 15% Amid Lower Production

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…

Wafi Energy’s Profits Surge After Acquisition

Karachi: Wafi Energy Pakistan Ltd (WAFI) reported a significant increase in profits during its first analyst briefing since its recent acquisition. The company announced a net profit after tax (NPAT) of PKR 3.03 billion for the first nine months of th…