Karachi: VIS Credit Rating Company Limited (VIS) has confirmed the maturity of K-Electric Limited’s (KE) Short Term Sukuk (STS-26), valued at PKR 5 billion. The issuance of the sukuk took place on June 5, 2024, and it reached maturity on December 5, 2…
KARACHI: H.E Yang Yundong, Consul General of the People’s Republic of China, underscored the robust diplomatic and economic ties between China and Pakistan while calling for an increase in bilateral trade. “The friendship between China and Pakistan is…
Karachi: Bank Al-Habib Limited (BAHL) reported its financial results for the fourth quarter of 2024, revealing a profit of PkR6.8 billion, or PkR6.1 per share, reflecting a 13% year-over-year decrease and a 43% quarter-over-quarter increase. Despite t…
Lahore: The China-Pakistan Economic Corridor (CPEC) is set to reshape Pakistan’s industrial framework, with Special Economic Zones (SEZs) playing a pivotal role in driving industrialization and investment, Zafar Iqbal, Vice President of the Pakistan C…
Karachi: Interloop Limited (ILP) anticipates a modest improvement in earnings for the second quarter of the fiscal year 2025, with an expected earnings per share (EPS) of Rs0.68. This reflects a quarter-over-quarter improvement, though year-over-year …
Karachi: Bank Alfalah Limited reported a significant decline in profits for the fourth quarter of 2024, announcing earnings of PkR4.7 billion, or PkR3.0 per share. This represents a year-over-year decrease of 49% and a quarterly drop of 64%. Despite t…