Karachi, April 28, 2020: As part of the PKR 1 billion Hussain Dawood Pledge, Engro Foundation – the social investment arm of Engro Corporation – has committed to provide PKR 20 million in financial assistance to Shaukat Khanum Memorial Cancer Hospital & Research Centre to expand COVID-19 testing capacity across Southern Punjab and strengthen the…
Karachi, April 28,2020: PTI Senator Shibli Faraz has been appointed the new information minister of the country, federal minister Fawad Chaudhry and state-run Pakistan Television announced on Monday. Meanwhile, retired Lt Gen Asim Saleem Bajwa has been appointed as special assistant to the prime minister (SAPM) for information, a title previously held by Firdous Ashiq…
Karachi, April 28, 2020: The Board of Directors of Bank Alfalah Limited in its meeting held on April 26, 2020, approved the Bank’s unaudited condensed interim financial statements for the quarter ended Mar 31, 2020. The Bank’s pre-tax profit and post-tax profit stood at Rs. 4.757 billion and Rs. 2.821 billion respectively, translating into an…
Karachi, April 27, 2020: Market opened on a negative today at -198 points and 1.6 million shares traded at the opening bell. In few minutes, the benchmark index hit -450 points and gradually picked pace to realize a loss of 675 points during the entire session. Cement sector largely took the bantering, mainly due to…
Karachi, April 27, 2020: Fauji Fertilizer (FFC) announced its 1Q2020 financial result today, where the company booked a consolidated profit of Rs4,286 million (EPS: Rs3.37) compared to Rs1,875 million (EPS: Rs1.47) in 1Q2020. Alongside result, the company announced cash dividend of Rs2.5/share. Read More: Millat Tractors Limited announced financial result of 3QFY20 Revenue of the…