Business
Interloop Limited (ILP): 4QFY24 EPS at Rs1.87 down 75% YoY and 14% QoQ – lower than industry expectations
Interloop Limited (ILP) announced its 4QFY24 result today, where the company recorded an unconsolidated earnings of Rs2.6bn (EPS of Rs1.87). This takes FY24 earnings to Rs15.8bn (EPS of Rs11.25) down 11% YoY as compared to FY23 profit of Rs20.2bn (EPS of Rs14.39). The earnings came lower than expectations for 4QFY24 due to lower than expected…
SITE ASSOCIATION ELECTS NEW OFFICE BEARERS FOR 2024-26
KARACHI: 26 Septmeber 2024, The Chairman of the Election Commission of the SITE Association of Industry (SAI), Muhammad Tariq Yousuf, has announced the unopposed election of Ahmed Azeem Alvi as President, Khalid Riaz as Senior Vice President, and Muhammad Riaz Dhedhi as Vice President for the 2024-26 term. These appointments were confirmed at the 60th…
Govt to Reactivate 16 Sectoral Councils to Boost Pharma Industry Growth
Islamabad: 25 September 2024, Minister for Commerce Jam Kamal Khan while reaffirming the government’s unwavering commitment to revitalizing and advancing our pharmaceutical industry on Wednesday, said that the Ministry of Commerce is reactivating 16 sectoral councils to prepare comprehensive plans and policies for industrial development and trade promotion in the country.Addressing the 7th Pharma Export…
Systems Limited wins Top IT Services Exporter Award at the P@SHA ICT Awards 2024
Karachi , 25th Sep 2024: Upholding its legacy as a distinguished global systems integrator, Systems Limited has once again marked its success at the P@SHA ICT Awards 2024 by securing the esteemed Top IT Services Exporter Award.The award was presented by Shaza Fatima Khawaja, State Minister for Information Technology and Telecommunication, and proudly received by…
Consul General of Italy in Karachi attended the unveiling of advanced Italian technological innovation in diesel engines
Karachi: 25 September 2024, Mr Danilo Giurdanella, the Consul General of Italy in Karachi attended the unveiling of advanced Italian technological innovation in diesel engines – the launch of R24 FPT Engines in Karachi; The new series is aimed at providing innovative solutions to industries and businesses across Pakistan to reduce their carbon footprint and…