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APTMA rejects import of cotton yarn from India

Lahore, February 25, 2021: All Pakistan Textile Mills Association (APTMA) has out rightly rejected proposal of allowing import of Cotton Yarn from India.   Zahid Mazhar, Sr. Vice Chairman APTMA, while commenting on the statements of Pakistan Hosiery Manufacturers Association and Pakistan Textile Exporters Association said that their narrative is not based on facts and they…

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Byco Petroleum’s Net Profit Up 4.5X to Rs. 961 million

Karachi, February 23, 2021: Byco Petroleum Pakistan Limited (“Byco”), Pakistan’s largest petroleum refiner, today reported financial results for the six months ended 31 December 2020. The company’s gross revenues declined by 20percent due to fall in oil prices, to PKR 100.1 billion from PKR125.6 billion in the corresponding period last year, owing to Covid-19’s impact on…

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Pakistan Consumer Confidence Index (CCI) Q4 2020 report issued by Dun & Bradstreet and Gallup Pakistan!

Karachi, February 23, 2021: Dun & Bradstreet Pakistan and Gallup Pakistan have issued their report on ‘Pakistan Consumer Confidence Index (CCI)’ for Q4 2020. The Consumer Confidence Index remained 90.3 points in Q4 2020, compared to 88.7 points in Q3 2020, translating into 1.8% quarter-on-quarter increase. This was driven by the improvement in Current Situation, up…

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