Karachi: Cherat Cement Company Ltd (CHCC) is expected to see a rise in earnings for the second quarter of the fiscal year 2025, while Lucky Cement Ltd (LUCK) is projected to experience a decline, according to recent forecasts.
According to a stateme…
Karachi: The State Bank of Pakistan (SBP) has cut its policy rate by 100 basis points to 12%, signaling a cautious approach to monetary policy aimed at fostering sustainable economic growth. This decision comes alongside a revision of the inflation fo…
Karachi: International Steels Ltd (ISL) announced a significant decline in its quarterly profit, with Profit after Tax (PAT) dropping by 71% year-on-year to PkR355 million (EPS: PkR0.82) for the second quarter of fiscal year 2025. The decline was prim…
Karachi: Fauji Fertilizer Company Ltd (FFC) reported a significant rise in its fourth-quarter earnings for the calendar year 2024, driven primarily by its amalgamation with Fauji Fertilizer Bin Qasim Limited (FFBL), despite facing higher costs and imp…
KARACHI: Pakistan’s Ambassador to Saudi Arabia, Ahmad Farooq, emphasized the critical importance of the next two years in enhancing Pakistan’s footprint in Saudi Arabia. As Saudi Arabia undergoes substantial economic transformation under Vision 2030, …
Karachi: The currency exchange rates in Pakistan experienced minor fluctuations as the US Dollar, Euro, and other major currencies saw slight changes in buying and selling prices. The Exchange Companies Association of Pakistan reported these updates, …