KARACHI, October 29 2024: Pakistan Petroleum Limited (PPL) announced its financial results for the first quarter of FY25 today, revealing a mixed performance characterized by a notable rebound from the previous quarter. The company reported earnings of Rs23.6 billion, resulting in an earnings per share (EPS) of Rs8.67. While this represents a 20% decline year-on-year,…
KARACHI, October 29 2024: Engro Corporation (ENGRO) released its financial results for the third quarter of 2024 today, revealing a significant decline in profitability. The company reported a profit attributable to equity owners of Rs5.7 billion, translating to an earnings per share (EPS) of Rs10.66, marking a substantial 53% decrease year-on-year. Adjusted for its thermal…
RIYADH, October 29 2024: Prime Minister of Pakistan Muhammad Shehbaz Sharif arrived in Riyadh, Kingdom of Saudi Arabia today. His Royal Highness, Prince Mohammed bin Abdulrahman bin Abdulaziz, Deputy Governor of Riyadh Province, warmly received the Prime Minister at the Royal Terminal of King Khalid International Airport. The Ambassador of Pakistan to the Kingdom of…
Karachi, 29 October 2024: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a strong performance, that has led to a growth of 20% in profit before tax to PKR 75.5 billion. Overall revenue grew 16% year on year with positive contributions from all segments. While operating expenses increased 18% from the comparative period in line with…
KARACHI, October 29 2024: In a significant boost to customer service and banking infrastructure, Rehmat Ali Hasnie, President of the National Bank of Pakistan (NBP), inaugurated the newly renovated PIDC House Branch in Karachi. This project represents the bank’s commitment to enhancing the banking experience for its clients and reflects ongoing investments in branch improvements….