Atlas Honda reports 73% decline in after tax profit

KARACHI: The manufacturer of Honda Cars in Pakistan has reported 73 percent decline in profit for the period (April-December) 2019. Read more »

TPL Trakker signs LoI with Chinese companies for 25% equity sale

KARACHI: TPL Trakker Limited on Monday said that it has signed a Letter of Intent (LoI) with Chinese companies for sale of 25 percent share in equity. Read more »

Sarhan appointed as Emirates Vice President for Pakistan

Karachi /Dubai: Emirates Airline has appointed Mohammad Sarhan as its new Vice President for Pakistan. Read more »

Telenor Microfinance Bank signs pact for promotion of financial literacy in women

KARACHI: Telenor Microfinance Bank (TMB) and Pakistan Bait-ul-Mal have signed an agreement for the promotion of financial literacy among women of the country, a statement said on Thursday. Read more »

FBR attaches shareholding of Golden Globe Holding in Benami properties case

KARACHI: Federal Board of Revenue (FBR) has attached shareholding of Golden Globe Holding in Thatta Cement in Benami properties case, according to a notice issued on Thursday. Read more »

Listing of TPL Trakker announced through IPO

KARACHI: TPL Corp on Friday formally announced the listing of its subsidiary TPL Trakker Limited at Pakistan Stock Exchange (PSX) through an Initial Public Offering (IPO). Read more »

PPL plans to spud 20 exploratory, developmental wells

KARACHI: Pakistan Petroleum Limited (PPL) has planned to spud 20 wells during fiscal year 2019/2020 out of which half of wells are exploratory and remaining are developmental. Read more »

TPL Trakker plans IPO to raise Rs1.4 billion for vehicle, container tracking business growth

KARACHI: TPL Trakker is planning for an Initial Public Offering (IPO) to raise Rs1.4 billion in order to grow vehicle and container tracking business, analysts said on Tuesday. Read more »

PIA declares Rs67.32 billion annual loss

KARACHI: Pakistan International Airlines (PIA) – the national flag carrier – has declared after tax loss of Rs67.32 billion for the year ended December 31, 2018. Read more »

Engro Fertilizers donates crop protection product to combat locust attack

KARACHI: Engro Fertilizers Limited has donated 6.7 tons of crop protection product with a market value of around Rs6 million to provincial governments to combat locust attack, a statement said on Thursday. Read more »

Honda Atlas Cars declares 50 percent drop in after tax profit

KARACHI: Honda Atlas Cars (Pakistan) Limited on Thursday announced 50 percent drop in net profit for the quarter ended September 30, 2019. Read more »

Cement factory shuts down on financial challenges

KARACHI: A cement factory has been closed down completely owing to financial difficulties making, according to a notices send to Pakistan Stock Exchange (PSX) on Monday. Read more »