Islamabad, March 16, 2021: The Large Scale Manufacturing Industries (LSMI) production grew by 9.13 percent on year-on-year basis during the month of January 2021 as compared to the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported Tuesday. The LSMI Quantum Index Number (QIM) was recorded at 175.15 points during January 2021 against…
Lahore: February 10, 2021: The Board of Directors of MCB Bank Limited (MCB) met under the Chairmanship of Mian Mohammad Mansha, on February 10, 2021 to review the performance of the Bank and approve the financial statements for the year ended December 31, 2020. The Board of Directors has declared final cash dividend of Rs. 15.0…
Karachi, October 27, 2020: On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 5.13 billion of which PKR 0.78 billion is attributable to non-controlling interests for the first quarter ended September 30, 2020. This translates into earnings per share (EPS) of PKR 13.45 / share as compared to PKR 3.93…
Karachi, September 01, 2020: The Board of Directors of BankIslami Pakistan Limited (‘The Bank’ or ‘BankIslami’) in their meeting held on August 28, 2020 in Karachi approved the Bank’s interim financial results for the first half year ended June 30, 2020. BankIslami generated operating profits (before provisions and tax) to the tune of Rs. 3,382million,…
Highlights: Highest ever quarterly profit of PKR 8.8 billion (before tax); up 30 percent YoY Total Deposits cross PKR 500 billion milestone; up by 10percent Overall Revenue grows by 27 percent Client Revenue increases by 42 percent CASA to deposits ratio of 94 percent; one of the best in class Karachi, May 19, 2020: Standard…