KARACHI: Pakistan has invited Chinese manufacturers and investors to establish joint ventures and production facilities in the country, particularly in the sectors of dyes and chemicals, agro-chemicals, biotechnology, and industrial chemicals. This in…
Karachi: Pakistan Refinery Limited (PRL) has reported a record-breaking production of over 800,000 metric tons of High-Speed Diesel (HSD) this year, marking the highest output in the company’s history. The announcement was made in the company’s recent…
Lahore: Mughal Industries announced a significant restoration of its cash payouts after a three-year suspension, despite reporting a decline in its quarterly earnings, as detailed in its latest financial results. The company posted a net profit after …
Karachi: Pakistan’s exploration and production (E&P) sector recorded a substantial increase in earnings during the fourth quarter of fiscal year 2026, driven primarily by the reversal of a super tax levy. Earnings in the sector surged 2.5 times year-o…
Karachi: Mughal Steels announced its financial results for the fourth quarter of fiscal year 2026, reporting a consolidated profit of Rs312 million, translating to an earnings per share (EPS) of Rs0.93. This marks a 29% decrease from the previous year…
KARACHI: Pakistan’s cement sector reported a 23% year-on-year increase in earnings for the fourth quarter of fiscal year 2026, reaching Rs38.41 billion. The rise in profits was driven by improved retention prices and a lower effective tax rate, along …