Karachi: Profitability within the Pakistan fertilizer sector experienced an upswing in the third quarter of the calendar year 2026, largely due to increased nitrogenous offtakes and a rise in nutrient prices. This trend was observed across the AKD Fer…
Karachi: Pakistan’s cement industry experienced a notable increase in profitability in the first quarter of the fiscal year 2027, driven by higher sales volumes and increased retention prices.
According to AKD Securities Limited, all companies withi…
Karachi: The State Bank of Pakistan has reported the latest Karachi Interbank Offered Rates (KIBOR) for various tenors, showing consistent interest rates across weekly, monthly, and yearly terms. The one-week tenor holds at a bid rate of 11.89 percent…
Karachi: The Exchange Companies Association of Pakistan has released the latest open market closing exchange rates, revealing the buying and selling rates for several major currencies. The U.S. dollar was listed with a buying rate of 277.47 and a sell…
Lahore: Mughal Iron & Steel Industries Ltd (MUGHAL) released its financial results for the first quarter of fiscal year 2027, revealing a notable decline in profitability. The company reported a net profit after tax (NPAT) of 224 million Pakis…
ISLAMABAD: Adviser to the Prime Minister on Industries and Production Haroon Akhtar Khan has criticized banks for their failure to extend loans under the Rs2.2 trillion Small and Medium Enterprises (SME) fund. According to Union of Small and Medium En…