Karachi: Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), Salim Valimuhammad, has strongly criticized the State Bank of Pakistan’s decision to maintain the interest rate at 11%, calling it a major setback for the business com…
Karachi: Meezan Bank Ltd reported its third-quarter financial results, revealing a net profit of PkR21.1 billion, marking an 18% decrease from the previous year. Despite the decline, the results are in line with projections, and the bank announced an …
Karachi: Engro Powergen Qadirpur Ltd (EPQL) reported a significant contraction in profits for the third quarter of the fiscal year 2025, as detailed in an analyst briefing held earlier today. The company revealed a 70% year-on-year decrease in its bot…
Karachi: The first quarter of fiscal year 2026 earnings previews for Fauji Cement Company Ltd (FCCL), Cherat Cement Company Ltd (CHCC), and Attock Cement Pakistan Ltd (ACPL) reveal a varied performance across the sector, according to a report by JS Gl…
Karachi: The Pakistan Credit Rating Agency Limited has reaffirmed the asset manager rating of ABL Asset Management Company Limited, highlighting the company’s experienced management team, robust risk management framework, and significant digital advan…
Karachi: IPAK Group’s financial performance for the first quarter of the fiscal year 2026 showcases significant growth, with a sevenfold increase in net profit and a 33% rise in consolidated sales, highlighting the company’s strong market position and…