FLASHNEWS:

Category: Business

MCB Bank’s Q1 2025 Earnings Highlight Robust Financial Health

Lahore: MCB Bank Limited announced a solid financial performance for the first quarter of 2025, with the Board of Directors approving a cash dividend of Rs. 9.0 per share, reflecting a 90% payout. The Bank reported a Profit Before Tax (PBT) of Rs. 29….

PACRA Maintains Stability Rating for AL Habib Income Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) announced that it has maintained the stability rating of the AL Habib Income Fund (AHIF), recognizing its low-risk investment strategy. The fund aims to deliver competitive risk-adjusted retur…

Earnings Decline Expected in E and P Sector Amid Lower Production

KARACHI: The exploration and production (E and P) sector is projected to experience a 14% year-over-year decline in earnings for the third quarter of fiscal year 2025, according to a recent analysis by AKD Securities Limited. This anticipated downturn…