Lahore: A seminar focusing on Artificial Intelligence (AI) was organized by the Lahore Chamber of Commerce and Industry (LCCI) to underscore its critical role in advancing trade and industry. LCCI President Mian Abuzar Shad, along with Senior Vice Pre…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Golden Harvest Foods (Private) Limited (GHFL) at ‘BBB+/A2’ (Triple B Plus/A Two). The medium to long-term entity rating of ‘BBB+’ reflects adequate credit quality, w…
Islamabad: Chinese Ambassador Jiang Zaidong recently announced that the China-Pakistan Economic Corridor (CPEC) has brought USD 25.4 billion in direct investment to Pakistan.
According to Zameen.Com, the Corridor has successfully generated 236,000 …
Karachi: Macpac Films Ltd (MACFL) recently held a corporate briefing to discuss its first quarter financial results for fiscal year 2025 and future outlook. MACFL reported an earnings per share (EPS) of Rs0.13 for 1QFY25, a significant drop from the E…
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…