Business
EFU Life becomes the first IBM Robotic Process Automation (RPA) enabled insurance company in Pakistan
Karachi, April 30, 2019: EFU Life Assurance Ltd. has been providing protection and saving products for more than 25 years and is a pioneer in the insurance industry for adopting the latest technologies and offering better customer services with the help of digital automation. EFU Life launched “Pakistan’s First IBM RPA insurance implementation” in a…
Razak Dawood urges USC to ensure availability of products during Ramzan
Islamabad, April 30, 2019: Adviser to Prime Minister on Commerce and Industries Abdul Razak Dawood Tuesday directed the Utility stores corporation (USC) to ensure smooth supply of daily use commodities at all USC outlets across the country to facilitate people under Utility stores corporation (USC) Ramadan Package During a meeting regarding Ramzan relief package the…
Amreli Steels posts Rs 293mln loss in 1Q
Karachi, April 29, 2019: Amreli Steels Limited (ASTL) announced its 3QFY19 financial results on April 29, 2019, wherein the re-bar roller posted a Loss After Tax (LAT) of PKR 293 million (Loss Per Share: PKR 0.99) as compared to a Profit After Tax (PAT) of PKR 473 million (Earning Per Share: of 1.59), SPLY. Sales…
Lucky Cement announces Financial results of 1Q
Karachi, April 27, 2019: On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 9.26 billion after taking out PKR 0.74 billion attributable to non-controlling interests for the nine months ended March 31, 2019, which translates into earnings per share (EPS) of PKR 28.64 / share as compared to PKR 36.91…
Standard Chartered posts 61 pc growth in Profit
Karachi, 26 April 2019: Standard Chartered Bank (Pakistan) Limited has announced its Q1 2019 Results. The Bank delivered a strong profit in the first quarter of 2019 which led to a growth of 61per cent in profit before tax to PKR 6.7 billion. Overall revenue growth was 38 percent, whereas client revenue increased by 22…