Karachi, May 04: Supernet Technologies Limited (STL) has announced its first financial results following merger with Supernet Limited (SNL), for the nine months ended March 31, 2026, delivering a strong performance. The Company reported a topline revenue of Rs 5.72 billion on a consolidated basis, which translated into a gross …
Read More »CCP approves Nishat Group’s acquisition of Rafhan Maize Products shares
Islamabad, May 4, 2026: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of shares in Rafhan Maize Products Company Limited by a consortium linked to the Nishat Group, following an initial review under the Competition Act, 2010. Under the transaction, shares of Rafhan Maize Products will be …
Read More »Govt Raises Rs114 Billion Through Hybrid Sukuk Auction
Karachi, April 30: The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance in the current month, amid strong investor demand for Shariah-compliant instruments. Meezan Bank Limited acted as the Lead Joint Financial Advisor (JFA) for the transaction, …
Read More »SBP eases housing finance rules, sets 15-day approval timeline
Karachi: The State Bank of Pakistan (SBP) has introduced additional facilitative measures under its housing finance program to improve access to loans and streamline the approval process for prospective borrowers. Under the revised framework, the central bank has capped the debt burden ratio at 65 percent, requiring that total monthly …
Read More »SIT Praises Federal Reforms, Crackdown on Illicit Tobacco
KARACHI, April 30, 2026: Stop Illegal Trade (SIT) has commended the enforcement efforts of the Federal Board of Revenue (FBR), which have yielded significant results over the past year. These include sealing illegal manufacturing units, seizing illicit cigarette stocks, and confiscating raw materials. Enforcement measures continue to dismantle the illicit …
Read More »Standard Chartered Pakistan delivers profit before tax of PKR 11.7 billion
Highlights: • Profit before tax of PKR 11.7 billion • Revenue of PKR 16.6 billion • Strong growth in net advances up by 21% since the start of the year Pakistan, 29 April 2026 – Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a Profit before tax of PKR 11.7 bn …
Read More »JS Bank Reports PKR 1.045 bn PAT for Q1 2026
Karachi, April 29, 2026: JS Bank Limited has announced its financial results for the quarter ended March 31, 2026, reporting a Profit before tax of PKR 2.175 billion and Profit after tax of PKR 1.045 billion, translating into Earnings Per Share (EPS) of PKR 0.51. JS Bank’s balance sheet showed …
Read More »Service Long March Tyres Gets PSX Nod for IPO to Raise Rs 7.8 Billion for Expansion
Karachi, April 29, 2026: Service Long March Tyres Limited, one of Pakistan’s leading manufacturers of truck and bus radial tyres, has announced its Initial Public Offering (IPO) at the Pakistan Stock Exchange, marking a significant milestone as the company moves into its next phase of growth with entry into the …
Read More »Exchange Companies to Receive Licenses Under Crypto Council; ECAP Pushes for Inclusion
Move seen as key step toward formalizing Pakistan’s digital asset ecosystem and boosting remittances KARACHI, April 28, 2026): The Exchange Companies Association of Pakistan (ECAP) has sought the inclusion of exchange companies under the licensing framework of the Pakistan Crypto Council, as part of broader efforts to formalize and expand …
Read More »FrieslandCampina Engro Pakistan Financial Results 2025: Profit Rises 22pc Despite Sales Tax Pressure
FrieslandCampina Engro Pakistan Limited (FCEPL) has announced its financial results for the year ended December 31, 2025.
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