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Category: Business

KIBOR Rates Show Stability Across Tenors

Karachi: The Karachi Interbank Offered Rate (KIBOR) rates displayed stability across various tenors, with minor fluctuations in bids and offers, according to the latest figures. Rates for different periods ranged from 11.38% to 12.30%, reflecting a st…

Fauji Cement’s Profitability Surges 21% Amid Improved Margins

Karachi: Fauji Cement Company Ltd. (FCCL) has reported a notable increase in its third-quarter earnings for the fiscal year 2025, with profits rising to PkR2.1 billion, a 21% year-on-year increase. The improvement, however, fell short of analyst expec…