Karachi, October 28, 2020: The Board of Directors of Indus Motor Company (IMC) released its financial results for the first quarter ended September 30, 2020. The Company’s combined sales of Complete Knocked Down (CKD) and Complete Built-up (CBU) units for the quarter increased by 73 percent to 11,809 units against 6,839 units sold in the…
Karachi, October 28, 2020: The Covid-19 pandemic has accelerated banks’ journey towards becoming truly digital, but lack of infrastructure development and regulatory hurdles may hinder second wave of the technological advancement in the financial sector in Pakistan. There is a threat the country may lose momentum towards sustaining the growth achieved in the remote banking…
Karachi, October 23, 2020: Nestlé Pakistan Limited posted a revenue of PKR 88.7 billion for the nine-months period ended September 2020, an increase of 1.9 percent compared to the same period last year, despite many difficulties emanating from the COVID-19 crisis. These results were announced following a Board of Directors’ meeting at the Company’s Head…
Karachi, October 22, 2020: The Board of Directors of Meezan Bank Limited in its meeting, held on October 20, 2020 approved the financial statements of the Bank for the nine months period ended September 30, 2020. The meeting was presided by Mr. Riyadh S.A. A. Edrees – Chairman of the Board, Mr. Faisal A. A….
Karachi, October 01, 2020: The Government of Pakistan has notified the achievement of Financial Closing by ThalNova Power Thar Private Limited (TNPTL), an associated company of Pakistan’s largest Independent Power Producer, The Hub Power Company Limited (Hubco) at a ceremony chaired by Mr. Shah Jahan Mirza, Managing Director Private Power & Infrastructure Board (PPIB) in…