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Category: Business

Pakistan State Oil Reports Strong Earnings, Strengthens Liquidity

KARACHI: Pakistan State Oil Ltd. (PSO) posted impressive financial results for the second quarter of fiscal year 2025, reporting a significant profit after tax (PAT) of PKR7.2 billion. This marks a substantial improvement from a loss after tax (LAT) o…

Nestlé Pakistan Reports 2024 Sales Decline Amid Tax Impact

Lahore: Nestlé Pakistan has announced its financial results for the year 2024, recording sales of PKR 193.2 billion, a decline of 3.7% from the previous year. The results were disclosed following a Board of Directors meeting at the company’s head offi…

Cement Dispatches See January Rebound with 14% Increase

Karachi: Cement dispatches in January 2025 reached 3.9 million tons, marking a 14 percent year-over-year increase, spurred by a 12 percent rise in local dispatches and a 30 percent surge in export volumes.

According to a statement by JS Global, this…