Gul Ahmed says will install a 17.1MW rooftop solar plant Gul Ahmed Textile Mills Limited (GATM), one of the country’s largest textile mills, announced that it will install a... Updated 21 Mar, 2024 09:56pm
Business & Finance Chashma Sugar Mills to set up ethanol manufacturing facility Chashma Sugar Mills Limited (CHAS), one of the largest sugar mills in the country, has announced to set-up an... Updated 19 Mar, 2024 10:14pm
Markets Stocks stage comeback, KSE-100 gains nearly 1% Benchmark index settles at 65,502.60 level Updated 19 Mar, 2024 10:23pm
Markets Abdul Qayoom appointed CEO Engro Polymer & Chemicals Limited Engro Polymer & Chemicals Limited (EPCL) has appointed Abdul Qayoom as Chief Executive Officer (CEO) of the... Updated 15 Mar, 2024 01:54pm
Markets Pakistan’s Maple Leaf Cement subsidiary to construct $110mn hospital in Islamabad Novacare Hospitals (Private) Limited, a subsidiary of Maple Leaf Cement Factory Limited (MLCF), will construct a... Updated 11 Mar, 2024 06:41pm
Markets SSGC incurs massive loss of Rs9.3bn in 6MFY23 After much delay, Sui Southern Gas Company (SSGC) made public its accounts for the first half of fiscal year 2022-23... Updated 11 Mar, 2024 10:54pm
Markets UAE conglomerate steps closer to purchasing TPL Trakker’s Middle East subsidiary A UAE-based conglomerate has signed a Non-Binding Indicative Term Sheet with TPL Trakker (TPLT) for the purchase of... Updated 11 Mar, 2024 10:31pm
Markets Cnergyico Pk anticipates investment of over $1bn in refinery upgradation Cnergyico Pk Limited, formerly known as Byco Petroleum Pakistan Limited, sees its anticipated investment at over $1... Updated 08 Mar, 2024 11:31pm
Business & Finance Jahangir Piracha, CEO Engro Polymer & Chemicals, ‘opts for early retirement’ Jahangir Piracha, Chief Executive Officer (CEO) of Engro Polymer & Chemicals Limited (EPCL), has opted for early... Updated 08 Mar, 2024 06:38pm
Markets KSE-100 ends week in green as IMF statements help sentiment Stocks at the Pakistan Stock Exchange (PSX) closed the final session of the week on a high note amid statements by... Updated 08 Mar, 2024 11:56pm
Business & Finance Bank of Khyber’s profit shoots to Rs3.5bn, 665% higher YoY in 2023 Bank of Khyber (BoK) saw its earnings skyrocket to Rs3.48 billion in 2023, up nearly 665% from the profit-after-tax... Published 07 Mar, 2024 03:24pm
Business & Finance Treet Corporation looks to sell 11.33% stake in its battery subsidiary The Board of Directors (BoD) of Treet Corporation Limited (TCL) has decided to sell 11.33% of its stake in its... Updated 05 Mar, 2024 09:09pm
Markets Selling pressure returns as KSE-100 settles in red Investors resort to profit-taking, say market analysts Updated 05 Mar, 2024 08:26pm
Markets Unilever Pakistan Foods’ earnings jump 23% to hit Rs9.74bn in 2023 Unilever Pakistan Foods Limited (UPFL), a subsidiary of Conopco Inc. USA, saw its profit-after-tax jump by 23%,... Published 05 Mar, 2024 11:17am
Markets JS Bank records 853% jump in profit in 2023 JS Bank Limited (JSBL) posted massive earnings of Rs10.39 billion ($36.85 million) in 2023, up over 853% from the... Published 29 Feb, 2024 02:49pm
Business & Finance BankIslami records 137% jump in profit during 2023 BankIslami Pakistan Limited (BIPL) posted a massive consolidated profit after tax of Rs10.61 billion in 2023, which... Updated 28 Feb, 2024 08:21pm
Markets Nishat Mills’ profit falls 30% in 1HFY24 as rising costs bite Nishat Mills Limited (NML), the flagship company of Nishat Group, saw its profit-after-tax plunge by 30%, clocking... Published 28 Feb, 2024 01:43pm
Business & Finance DG Khan Cement’s profit plunges 35% in 2QFY24 Despite higher sales, DG Khan Cement Company Limited (DGKCL), one of the largest cement producers in Pakistan, saw... Published 26 Feb, 2024 05:03pm
Markets Greenfield Refinery Project: no material development, says PSO Pakistan State Oil Company Limited (PSO), the largest oil marketing company in the country, said on Monday that “no... Updated 26 Feb, 2024 10:15pm
Markets Consortium expresses ‘firm intention’ to acquire majority stake of Engro Powergen Qadirpur A consortium comprising of textile companies has expressed its “firm intention” to acquire a majority stake i.e.... Updated 26 Feb, 2024 10:26pm
Markets UAE-based conglomerate eyes stake in TPL Trakker’s Middle East subsidiary A UAE-based conglomerate has expressed interest in acquiring a large equity stake in Trakker Middle East (TME), a... Updated 26 Feb, 2024 08:42pm
Markets PPL’s earnings jump 44%, clock in at Rs69.8bn in 1HFY24 Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the county, saw its profit-after-tax (PAT) jump... Updated 26 Feb, 2024 10:26pm
Markets Thermal assets portfolio: Engro now evaluating conventional sale option Engro Corporation Limited will not restructure its thermal energy assets under a separate wholly-owned holding... Updated 26 Feb, 2024 08:16pm
Business & Finance Lotte Chemical’s profit plunges 50% in 2023 Lotte Chemical Pakistan Limited (LOTCHEM), a subsidiary of South Korean chemical giant Lotte Chemical Corporation... Updated 21 Feb, 2024 10:08pm
Business & Finance UBL’s profit clocks in at Rs56.5bn, up 76% in 2023 United Bank Limited (UBL), one of the country’s largest commercial banks, posted consolidated earnings of Rs56.47... Updated 21 Feb, 2024 10:05pm
Markets OGDCL discovers ‘significant’ hydrocarbon reserves in Sindh Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has... Updated 19 Feb, 2024 04:30pm
Markets HUBCO’s earnings up 17% in 2QFY24 Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its profit increase by... Updated 14 Feb, 2024 06:11pm
Business & Finance Allied Bank’s profit jumps 95% in 2023 Allied Bank (ABL) posted a profit-after-tax of Rs41.3 billion ($146.5 million) in 2023, a growth of nearly 95% than... Updated 13 Feb, 2024 09:25pm
Markets Attock Refinery postpones month-long closure over OGRA advice Attock Refinery Limited (ATRL), a subsidiary of Attock Oil Company Limited, has decided to postpone its month-long... Updated 12 Feb, 2024 05:06pm
Business & Finance Faysal Bank sees 77% growth in profit in 2023 Faysal Bank declared a consolidated profit after tax (PAT) of Rs20.25 billion for the year 2023, nearly 77% higher... Published 07 Feb, 2024 05:43pm
