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Category: Business

Power Cement’s Financial Turnaround and Future Outlook

Karachi: Power Cement Ltd. reported a significant financial turnaround in its recent analyst briefing, showcasing improved profitability and strategic shifts in its operational approach. The company posted a profit of PkR348 million in the first nine …

Currency Rates See Stability in Pakistan Amid Economic Watch

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating stability in the financial market. The rates, reflecting transactions from May 21, 2025, were disseminated through their official communica…

PVMA Appeals for Tax Reform to Aid Edible Oil Sector

Karachi: Sheikh Umar Rehan, the Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has called on the federal government to abolish Section 8B of the Sales Tax Act for the ghee and cooking oil industry in the upcoming budget. He addre…