Business
Industrialists appeal Sindh CM to stop audit harassment
Defer all audits for 2 years due to COVID-19: Nasim Akhtar Karachi, September 04, 2020: Nasim Akhtar, president of the North Karachi Association of Trade & Industry (NKATI), has protested against harassment to industrialists by SESSI, EOBI and the Labour department in the name of audit and appeal to Sindh Chief Minister Syed Murad Ali…
KSE100 index raise 457pts up
Karachi, September 02, 2020: Up and running again as the market closed in the green region for the second consecutive day. The benchmark index made an intraday high of +555 points to close at 41,835 level (up 457 points). Traded value stood higher at US$158 million, up 21 percent and volume stood at 837 million…
Financial results for half-year PAT PKR15.2 billion up by 36.8 percent YoY
Karachi, September 02, 2020: The Board of Directors of National Bank of Pakistan “the Bank” met on Tuesday, September 01, 2020 and approved the condensed interim financial statements of the Bank for the half-year ended June 30, 2020. With strong growth in core earnings, the Bank reported unconsolidated Profit After Tax of PKR 15.2 billion,…
JS Bank’s half yearly profits skyrocket
Karachi, September 2nd, 2020: JS Bank has reported an incredible turnaround in its profitability by posting profit before tax of PKR 1,472 million for the half year ended June 30, 2020 as compared to a loss before tax of PKR 597 million over the corresponding period last year. The increase in profit is mainly due…
Emirates SkyCargo takes taste of Pakistani mangoes across world
Karachi, September 01, 2020: Emirates SkyCargo, the freight division of Emirates airline, has transported over 10 million mangoes from Pakistan this season to destinations around the world. Pakistan is regarded as one of the most important producing markets in the world for mangoes of quality. Mango, also considered the ‘king’ of fruits, is a specialty…