Lahore: Maple Leaf Cement Factory (MLCF) recently shared insights from its corporate briefing, highlighting a notable 20% increase in consolidated earnings for fiscal year 2024, amounting to Rs6,891 million. However, the company experienced a 17% year…
Karachi: Haleon Pakistan Limited (HALEON) has reported a considerable increase in earnings, achieving Rs3.2 billion for the first nine months of the calendar year 2024, marking a 5.1-fold year-on-year growth, This surge translates into an earnings per…
KARACHI: Swedish companies operating in Pakistan are facing significant challenges due to high tax rates, energy prices, and difficulties in transferring foreign currencies, Ms. Alexandra Berg von Linde. In a meeting with the Karachi Chamber of Commer…
Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates for the second consecutive day. The rates for the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal showed slight …
Karachi: PACRA has maintained its broker management rating for Spectrum Securities Limited at a BMR3+ level, reflecting a stable outlook. This was announced in a recent review of the company’s performance in the equity brokerage sector.
According to…
Karachi: In its fiscal year 2024 briefing, Mughal Steel announced a record revenue of PKR 92.4 billion, marking a 37% increase from the previous year, driven largely by higher sales volumes. Despite this achievement, the company faced significant chal…