Business
Likee rises in popularity in Pakistan
Karachi, February 26, 2021: Likee, a global short video platform with headquarters in Singapore, has been growing in popularity in Pakistan, and has now risen 14 places in rankings. According to App Annie, the leading global provider of mobile data and analytics, the number of Likee downloads from the Google Play Store ranks it as…
CPHGC Spent more than PKR 131 million on various sustainable CSR Projects in Baluchistan
CPHGC BAGS 4 CSR Award for their CSR Work in Balochistan Karachi, February 26, 2021: For the 2nd year running, China Power Hub Generation Company (Pvt.) Ltd was recognized for its outstanding commitment to local communities in Hub, Lasbella, Balochistan through sustainable CSR initiatives, at the 13th Annual CSR Summit 2021, held on 25 February 2021. The Honourable Governor of Punjab, Chaudhry…
KE shows strong Operational & Financial Performance during Q2
Karachi, February 25th, 2021: The Board of Directors of K-Electric Limited (KE) in its meeting held on February 25, 2021, at the Bin Qasim Power Complex, Karachi, approved the Company’s financial results for the half year ended, December 31, 2020. KE has reported a net profit after tax amounting to PKR 6.872 billion for the…
UBL announced Financial report for CY20
Karachi, February 25, 2021: UBL announced its CY20 financial result on Feb-25th, wherein the bank recorded a PAT of PKR 20,789 million as compared to PKR 19,048 million in CY19, up by 9 percent YoY. EPS was clocked in at PKR 17.12. Bank also dividend of PKR 9/share, taking the cumulative dividend PKR 12 for…
Gul Ahmed Textile announced unconsolidated earnings of Rs1.2 bln for 2QFY21
Karachi, February 25, 2021: Gul Ahmed Textile (GATM) announced unconsolidated earnings of Rs1.2 billion (EPS: Rs2.73) for 2QFY21, up 66 percent YoY due to increase in revenues by 32 percent YoY and other income by 12x YoY. Earnings in 1HFY21 is also up by 65 percent YoY to Rs1.8 billion (EPS: Rs4.13). Alongside results, the company…