Islamabad: Mobilink Bank, a leading digital microfinance institution, has announced a strategic partnership with Daraz Pakistan, the country’s largest e-commerce platform, to enhance financial inclusion and digital capabilities for micro, small, and m…
Lahore: Nishat Mills Ltd. (NML) announced its financial results for the third quarter of the fiscal year 2025, revealing a profit of PkR696 million, equivalent to earnings per share of PkR1.98. This is a significant improvement from a loss of PkR286 m…
Karachi: Pakistan’s central bank is poised to adjust its monetary policy stance as improving financial inflows and economic indicators create an environment conducive to easing. The State Bank of Pakistan (SBP) is anticipated to reduce interest rates,…
Karachi: VIS Credit Rating Company Limited has finalized a short-term rating of ‘A1+’ for Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk XI (STS-XI). This rating indicates the strongest likelihood of timely repayment for short-te…
Faisalabad: Interloop Ltd. (ILP) released its financial results for the third quarter of fiscal year 2025, revealing a significant drop in profitability. The company reported a profit of PKR 1.3 billion, or PKR 0.95 per share, marking a 68% decrease f…
Islamabad: Oil and Gas Development Company (OGDC) announced its third-quarter financial results for fiscal year 2025, showing a slight decrease in net profit after tax, attributed to reduced hydrocarbon production and lower average oil prices. The com…