Karachi, April 27, 2020: Millat Tractors Limited (MTL) announced earnings of Rs553 million for 3QFY20 (EPS Rs11.09), down by 42 percent YoY. The decline in earnings is largely due to fall in unit sales by 28 percent YoY and lower Gross Margin (down 1.92 points YoY). Read More: Fauji Fertilizer announced financial result of 1Q2020…
EFP lauds SBP Refinance Scheme for Payment of Wages and Salaries Karachi, April 15, 2020: Governor State Bank of Pakistan Reza Baqir has said that SBP is constantly working with stakeholders and taking appropriate measures to bring financial relief and provide pragmatic support to the industries in order to maintain financial solvency and retention of…
PCDMA seeks loans for 1 year to overcome liquidity crunch: Amin Yousuf Balgamwala Karachi, April 03, 2020: Amin Yusuf Balgamwala, chairman, Pakistan Chemicals & Dyes Merchants Association (PCDMA) and former director, Karachi Stock Exchange, has said that commercial importers are facing a severe financial crisis due to lockdown and the closure of trade and industry….
Karachi, April 02, 2020: State Bank of Pakistan in collaboration with National Institute of Banking & Finance (NIBAF) is implementing National Financial Literacy Program for Youth (NFLP-Y) to impart essential financial education to Pakistani youth and school going children for strengthening of their money management skills and enhance their understanding of financial matters. National Financial…
No matter how many years of experience you have in running a business, there are times when you will be faced with a financial crisis—either because of a degrading economy or losses within your own business. However, business demands a strong-hearted individual who, when faced with a crisis, picks themselves up, dust themselves off and…