Karachi, March 11, 2021: Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry said that due to COVID-19 commercial activities are down causing overstay of consignments and subsequently facing surcharge on clearance. During the meeting of the FPCCI Advisory Council on Budget various issues were discussed including period of limitation…
Karachi, December 01, 2020: The Board of Directors of K-Electric Limited (KE) in its meeting held on November 27, 2020, at the KE head office, approved the Company’s financial results for the quarter ended September 30, 2020. KE reported a net profit amounting to PKR 1.111 billion for the quarter ended September 30, 2020, translating into…
Karachi, October 28, 2020: The Board of Directors of Soneri Bank Limited, in its 181st meeting held in Lahore on 28th October 2020, approved the Bank’s condensed interim financial statements for the nine months period ended 30 September 2020. The Bank posted profit before tax (PBT) of Rs. 3,092.80 million and profit after tax (PAT)…
Karachi, October 28, 2020: The Board of Directors of MCB Bank Limited (MCB) met under the Chairmanship of Mian Mohammad Mansha, on October 27, 2020 to review the performance of the Bank and approve the condensed interim financial statements for the nine months period ended September 30, 2020. In compliance with SBP’s instructions, Bank has…
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…