Business
Urea sales likely to jump by 22pc YoY in Jul-2020
Karachi, August 04, 2020: Pakistan Urea sales in Jul-2020 are expected to jump by 22 percent YoY to clock in at 567k tons as compared to 465k tons in Jul-2019. However, sales are likely to decline by 51 percent MoM as Jun-2020 had largely catered to pent up demand of previous couple of months because…
Bank Alfalah and Techlets sign MoU to boost 10,000 Work Opportunities
Karachi, july 30, 2020 : Bank Alfalah and Techlets Pvt Ltd have jointly agreed to deliver an innovative and fully integrated financial solution on Walee, a mobile app and web platform (www.waleepk.com) serving Pakistan’s largest influencer marketing platform with more than 50,000 users across more than 250 cities. “Walee, Pakistan’s everyday trade app”, operated by…
Nestlé Pakistan Limited announces financial results for H1 2020
Lahore (29 July 2020): Nestlé Pakistan Limited recorded sales of PKR 58.4 billion for the period January-June 2020, an increase of 1.0% compared to the same period last year despite the unprecedented circumstances caused by the COVID-19 outbreak. The Company recorded net profit of PKR 3.9 billion, a decline of 13.3% compared to the same period…
iTecknologi Group posts Rs 1 billion revenue
Karachi: July 27, 2020: iTecknologi Group of Companies has posted an annual revenue of Rs 1 billion during the FY 2019-20. The management lead by the Group Chief Executive Officer Salman Hussain, extended their gratitude towards all its personnel, partners, customers and stakeholders for their hard-work, commitment and patronage that resulted in this great success. Commemorating…
KIA Lucky Motor surpassing expectations
KARACHI, July 27, 2020: KIA lucky Motors has received an impressive response from the market on both its products including Picanto and Sportage. According to Topline, company is booking 1,500-2,000 cars per month, which can take sales to 18,000 to 24,000 units per annum as against earlier expectation of 12,000 units for this fiscal year…