Karachi: Urea offtakes in Pakistan have declined amid worsening farmer incomes, while diammonium phosphate (DAP) sales have surged by 95% year-over-year, driven by the start of the Rabi season. This development is expected to alleviate inventory press…
Tando Allah Yar: OGDCL has successfully enhanced the oil and gas output of its Dars West-1 well in Tando Allah Yar, Sindh, following a strategic workover and recompletion in the Lower Goru formation. The initiative has resulted in a substantial increa…
Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has pledged to address the challenges facing marriage halls by engaging with top government officials. This commitment was articulated by LCCI President Mian Abuzar Shad and Senior Vice Presid…
Lahore: KOHC has reported a significant increase in profit for the fiscal year 2024, with earnings reaching PkR8.9bn, marking a 56% rise compared to the PkR5.8bn reported in FY23. This growth is attributed to a surge in other income and improved reten…
Karachi: The textile sector in Pakistan faced significant financial challenges in the first quarter of the fiscal year 2025, with a reported 72% year-on-year decline in profitability among a sample of eight key companies. Despite a 9% growth in toplin…
Karachi: DG Khan Cement Company Limited (DGKC) has announced a significant turnaround in its financial performance for the fiscal year 2024, reporting a profit of PKR 542 million (Earnings Per Share: 1.24) in contrast to a loss of PKR 3.6 billion (Los…