Business
Asia at crossroads in mobility revolution says new Shell report
Karachi, November 23, 2020: Asia is embarking on a mobility revolution that could revitalise economies and drive more sustainable development for future generations, states a report launched today by Shell. ‘Cities On The Move: Driving Asia’s Mobility Revolution’ isShell’s first ever review of mobility in the region. Itincludes extensive research and interviews, providing unique insights into…
Standard Chartered Pakistan announces Q3 2020 results
Karachi, October 31, 2020: Standard Chartered Bank (Pakistan) Limited today announced its Q3 Results for 2020. The Bank delivered a resilient financial performance in Q3 2020 with year to date Profit before tax of PKR 19.9billion as compared to PKR 19.7billion in the corresponding period last year. With Revenue of PKR 32billion, the overall revenue…
Pakistan Banks: Profits up 56 percent YoY in 3Q2020
Karachi, October 29, 2020: Pakistan Banks’ profitability for 3Q2020, which includes a sample of 18 listed banks (out of a total listed 20 banks), representing 99 percent of the banking sector’s capitalization at the PSX. The sector’s profits have jumped by 56 percent YoY in 3Q2020 to reach Rs71 billion on the back of higher…
Pakistan Stock Exchange news: index showing decline of 1299pts
Karachi, October 29, 2020: Increasing incidence of Corona cases, partial lockdown in Pakistan, Lockdowns in European countries, End of roll-over week, End of result season, Global sell-off in Stocks as well as Commodities markets were enough for the market to lose 1911 points during the session. KSE30 touched 5 percent prior to the maximum time…
Shell Pakistan announces a profit in Q3 2020
Karachi, October 28, 2020: The Board of Directors of Shell Pakistan Limited (‘SPL’) announced the third quarter results for the company on 28th October. The company posted an after tax profit of PKR 1,812 million compared to the profit of PKR 570 million made in the same period last year. Overall, the financials still present…