FLASHNEWS:

Category: Business

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…

Nestle Pakistan’s Revenue Declines Amid Tax Challenges

LAHORE: Nestle Pakistan reported a 7.4% decline in net sales for the first quarter of 2025, with revenue standing at PKR 50.4 billion for the period ending March 31. The company attributed the decline primarily to subdued consumer demand, stemming fro…

Tower Power’s Ratings Reaffirmed Amid Sector Growth

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Tower Power (Private) Limited (TPL) at ‘A-/A2’. These ratings reflect a good credit quality with adequate protection factors and a stable outlook, according to a pre…

Nestle Pakistan’s Revenue Declines Amid Tax Challenges

LAHORE: Nestle Pakistan reported a 7.4% decline in net sales for the first quarter of 2025, with revenue standing at PKR 50.4 billion for the period ending March 31. The company attributed the decline primarily to subdued consumer demand, stemming fro…