August 23, 2023: Pakistan State Oil (PSO) has achieved remarkable progress and demonstrated resilience in a challenging energy market. During a meeting held at PSO House on August 23, 2023, the company’s Board of Management (BoM) reviewed the group’s performance for the financial year ended June 30, 2023. Despite facing galloping inflation, sluggish market growth,…
Karachi, August 23, 2023: JS Bank unveiled its financial performance for the first half of 2023, underscoring a trajectory of growth across multiple financial indicators. During the first half of the year, the Bank recorded a significant increase of 231 percent in profit before tax and 254 percent in profit after tax, compared to the…
KARACHI, August 23, 2023: The first half of 2023 has marked its significance for BankIslami, as it attained a notable milestone by securing a ‘AA-’ long term entity rating assigned from PACRA. This rating upgrade acknowledges the outstanding performance the Bank has consistently delivered in recent periods. Further, the Bank also takes pride in the…
Lahore, August 11, 2023: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first half of the year, concluding on June 30th, 2023. Despite a challenging operating environment and economic slowdown, the Company delivered strong double-digit growth of 53% (revenue of PKR 47.0 billion against PKR 30.8 billion in the same period last…
Karachi, March 1 , 2021: Pakistan cement sector posted profit of Rs11.3 billion during 2QFY21, up 114 percent QoQ due to increase in GP margins by 600bps QoQ, increase in sales by 18 percent QoQ, and decline in finance cost by 12 percent QoQ. Total profit during 1HFY21 clocked in at Rs17 billion compared to…