Business
Pakistan: Urea sales may decline 12pc YoY in Feb-2021
Karachi, March 02, 2021: Pakistan Urea sales in Feb-2021 are expected to clock in at 407k tons, down 12percent YoY amid high base of 460k tons in Feb-2020. According to Topline, urea sales during Feb-2020 were up by 19percent YoY amid lower Urea prices across the country on the back of reduction in Gas Infrastructure…
Pakistan oil and gas Sales Increased by 26Pc
Karachi, March 02, 2021: Total Petroleum and Lubricant sales clocked-in at 1.40 million tons in Feb’21, depicting a double digit growth of 26 percent YoY while down by 8 percent MoM due to fewer working days in February compared to January. The growth in sales volumes is primarily attributable to i) resilience displayed by the…
BankIslami Rises to the Skies with Pakistan International Airlines
Karachi, March 02, 2021: BankIslami, Pakistan’s leading Islamic Bank, partnered with Pakistan International Airline (PIA) to co-brand their aircrafts, taking BankIslami’s visibility up a notch. The national carrier proudly features BankIslami headrests and pillow covers in all flights allowing customers to be acquainted with BankIslami. PIA serves 43 destinations operating 100 flights a day, making it the airline…
Shell Pakistan announces financial results for 2020
Karachi, March 02, 2021: The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31st, 2020.  The company posted a loss after tax of PKR 4,821 million for 2020 compared to the loss of PKR 1,485 million in 2019. The second half of 2020 saw significant recovery with a profit after…
Agha Steel Announces Healthy Financial Results
Karachi, March01, 2021: Agha Steel Industries has announced its financial results for the half year ended on 31st December 2020. Company has announced a total profit after tax of 1057 million for half year while its October to December’s Quarter after tax profit remained Rs. 548 million. The earning per share for the half year remained…