Karachi: Engro Polymer and Chemicals Ltd (EPCL) held an analyst briefing to discuss its financial performance for the calendar year 2024 and future outlook. The company reported a significant loss of PKR 160.6 million compared to a profit of PKR 8.9 b…
Karachi: The upcoming fourth-quarter financial results for Pakistan’s banks are anticipated to show a year-over-year decrease in core income, primarily due to a contraction in net interest margins (NIMs) and increased taxation. This is expected to ove…
Karachi: The Pakistan Banks Association (PBA) has announced the launch of the Pakistan Banking Summit 2025 (PBS’25), a significant industry-led event scheduled for February 24 and 25, 2025, in Karachi. The summit is expected to gather over 1,000 repre…
Karachi: VIS Credit Rating Company Limited has announced an upgrade in the short-term entity rating of Sazgar Engineering Works Limited, elevating it from ‘A/A2’ to ‘A/A1’. The upgrade signals a strong likelihood of timely repayment for short-term obl…
Lahore: Exhibitions play a crucial role in fostering trade, innovation, and economic growth by providing a platform for businesses to present their products, services, and innovations. This was emphasized by Mian Abuzar Shad, President of the Lahore C…
Karachi: Gold prices in Pakistan saw a significant decrease on Wednesday, with the cost of gold per tola and per 10 grams both registering declines. The international gold market also experienced a downturn, contributing to the local price adjustments…