Karachi: Cherat Cement Company Ltd. (CHCC) reported a significant boost in its third-quarter earnings for the fiscal year 2025, surpassing market expectations due to improved gross margins. The company recorded a profit of PkR1.7 billion, marking a 35…
Karachi: Pakistan State Oil Ltd. (PSO) reported a 28% year-on-year decline in its third-quarter earnings, posting a profit after tax of PkR4.1 billion. The company’s earnings per share stood at PkR8.71, which came in slightly below analysts’ expectati…
Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled a series of tax reform recommendations for the Federal Budget 2025-26, aiming to increase Pakistan’s tax-to-GDP ratio to 14 percent from its current rate of less tha…
Karachi: The third-quarter earnings forecasts for Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Ltd. (ASTL) indicate a challenging period for Pakistan’s long steel sector, as both companies grapple with subdued profitability due to persistent …
KARACHI: The Chairman of the National Tariff Commission (NTC), Naeem Anwar, has emphasized the commission’s dedication to safeguarding domestic industries while ensuring consumer protection. Speaking at a recent meeting at the SITE Association of Indu…
Lahore: Interloop Ltd. (ILP) has released its financial results for the third quarter of fiscal year 2025, highlighting a significant drop in profitability. The company reported earnings of PkR1.3 billion, or PkR0.95 per share, marking a 68% decrease …