Karachi: Standard Chartered Bank Pakistan Limited (SCBPL) has reported a 20% increase in profit before tax, reaching PKR 75.5 billion for the third quarter of 2024. This financial upturn is supported by a 16% year-over-year revenue growth across all s…
Karachi: Engro Corporation Limited reported a 12% increase in revenue from continued operations, reaching Rs. 279 billion for the first nine months of 2024, up from Rs. 250 billion during the same period last year. The company also noted an improvemen…
Karachi: In a significant move towards sustainable manufacturing, Dawlance, Pakistan’s premier home appliances manufacturer, has invested over 1,100,000 Euros to transition its Karachi factories to solar energy. The initiative is part of the company’s…
Karachi: Lucky Cement Ltd. (LUCK) has released its financial results for the first quarter of FY25, showing a marginal 5% year-on-year decline in standalone earnings to PkR6.6 billion, with earnings per share (EPS) falling to PkR22.4 from PkR23.6. The…
Islamabad: Bank Alfalah has unveiled its new mobile banking application, ‘Alfa’, aimed at transforming the digital banking landscape in Pakistan by integrating financial services with everyday lifestyle needs. The launch took place at the newly inaugu…
Islamabad: Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Limited (ASTL), two of Pakistan’s prominent rebar manufacturers, are expected to report subdued earnings for the first quarter of fiscal year 2025. This forecast continues the trend of r…