Karachi, March 22, 2021: Pak Suzuki Motor Company (PSMC) declared a net loss of Rs1.6 billion (LPS: Rs19.31), compared to a net loss of Rs2.9 billion (LPS: Rs35.49) in CY19. However, during 4QCY20, the company returned back to profitability with a PAT of Rs1.0 billion (EPS: Rs12.26), which was well above market expectations Read More: Nestlé Pakistan LUMS…
Karachi, March 20, 2021: Nestlé Pakistan and LUMS pledged to continue playing their role as water stewards in a session for World Water Day, under this year’s theme ‘Valuing Water’. The webinar featured speakers from WWF, Hisar Foundation, and Pakistan Agricultural Research Council, and focused on valuing water in agrarian economies like Pakistan by encouraging…
Karachi, March 19, 2021: The Monetary Policy Committee (MPC), in its meeting on 19th March 2021, has decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting in January, growth, and employment have continued to recover and business sentiment has further improved. While still modest, at around 3…
Karachi, March 19, 2021: NRSP Agri Processing Company (NRSP-APCL) and Naymat Collateral Management Company Limited (NCMCL) have collaborated to issue the first Electronic Warehouse Receipt (EWR) against rice and paddy stocks stored at the recently accredited NRSP-APCL facility located at Hafizabad (Punjab). NCMCL is the first collateral management company incorporated under the Collateral Management Company Regulations…
Karachi, March 19, 2021: JS Global expecting that Pak Suzuki Motor Company’s (PSMC) to announce a Loss after Taxation of Rs2.1 billion (LPS: Rs25.36) for the year CY20, compared to a net loss of Rs2.9 billion (LPS: Rs35.49) in CY19. Pak Suzuki Motor Company’s (PSMC) board meeting to announce CY20 results is scheduled for Monday,…