Lahore (29 July 2020): Nestlé Pakistan Limited recorded sales of PKR 58.4 billion for the period January-June 2020, an increase of 1.0% compared to the same period last year despite the unprecedented circumstances caused by the COVID-19 outbreak. The Company recorded net profit of PKR 3.9 billion, a decline of 13.3% compared to the same period…
Karachi, July 08, 2020: Telenor Microfinance Bank has reported revenue of PKR 18 billion for the financial year ended December 31, 2019. This was led by an impressive expansion in the branchless banking customer base of the Bank’s Easypaisa wallet. A two-fold increase in Year-Over-Year wallet accounts was witnessed with more than 3 million increase…
Karachi, May 17, 2020: National Financial Literacy Program for Youth (NFLP-Y), a project of the State Bank of Pakistan (SBP), and Rozee.pk have partnered to impart free of cost financial literacy education to Pakistan’s youth through an engaging and interactive game called ‘PomPak – Learn to Earn’. PomPak delivers its lessons in English and Urdu…
Karachi, April 30, 2020: Nestlé Pakistan posted a revenue of PKR 29.8 billion, an increase of 2.6 percent compared to the same period last year, despite many difficulties emanating from COVID-19 crisis. Juices and water as well as products for out-of-home channel were severely impacted by the lockdown. In addition, Afghanistan border closure had a…
Karachi, April 27, 2020: Fauji Fertilizer (FFC) announced its 1Q2020 financial result today, where the company booked a consolidated profit of Rs4,286 million (EPS: Rs3.37) compared to Rs1,875 million (EPS: Rs1.47) in 1Q2020. Alongside result, the company announced cash dividend of Rs2.5/share. Read More: Millat Tractors Limited announced financial result of 3QFY20 Revenue of the…