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Category: Corporate

honda logo

Honda Atlas Cars Pakistan posts Rs3.23 billion annual profit, up 19%

May 19, 2026May 19, 2026Faisal Shahnawaz

Profit rises 19% as higher gross margins, other income lift earnings; board approves Rs9 cash dividend KARACHI – Honda Atlas Cars Pakistan Limited reported a 19% rise in annual after-tax profit on Tuesday, supported by stronger gross margins and higher other income, according to a filing with the Pakistan Stock Exchange.

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textile manufacturing

Idrees Textile cuts production amid Middle East supply disruption

May 18, 2026May 18, 2026Faisal Shahnawaz

Pakistani textile manufacturer cites raw material shortages and delayed cotton imports Idrees Textile Mills Limited on Monday said it would scale back production activities for at least four weeks due to shortages of imported raw materials linked to the ongoing crisis in the Middle East.

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Jazz

JazzWorld posts strong 20.6% revenue growth in first quarter of 2026

May 13, 2026May 13, 2026Hamza Shahnawaz

Digital services, JazzCash expansion and rising data usage drive strong quarterly performance JazzWorld reported a strong financial performance for the first quarter of 2026, posting a 20.6% year-on-year increase in revenue to over Rs130 billion, supported by continued growth in connectivity, digital financial services, entertainment, and digital lifestyle platforms.

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Pakistan Petroleum Limited

PPL Announces Commissioning of Faiz X-1 Deep Well

May 8, 2026May 8, 2026Faisal Shahnawaz

Pakistan Petroleum Limited (PPL) has announced the successful commissioning of the Faiz X-1 Deep (Basal Sand) well located in the Gambat South Block.

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PSX Logo

Clover Pakistan Shares Under Negotiation for Potential Sale

May 8, 2026May 8, 2026Faisal Shahnawaz

Clover Pakistan Limited on Friday informed the Pakistan Stock Exchange (PSX) that the existing approximately 23% shareholding held by Fossil Energy (Private) Limited in the company is currently under negotiation for a potential sale and transfer.

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SEC Pakistan

SECP sets record with highest-ever monthly company registrations in April 2026

May 7, 2026May 7, 2026Faisal Shahnawaz

ISLAMABAD, May 7, 2026 — The Securities and Exchange Commission of Pakistan (SECP) said on Thursday it registered a record 4,082 companies in April 2026, marking the highest monthly incorporations ever recorded in the country’s corporate history.

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Bank Makramah

SBP Imposes Rs265,000 Monetary Penalty on Bank Makramah

May 5, 2026May 5, 2026Shahnawaz Akhter

KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs265,000 on Bank Makramah Limited for regulatory violations during the first quarter (January–March) of calendar year 2026.

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Apple com

Apple Q2 2026 earnings jump on strong iPhone sales

May 1, 2026May 1, 2026Hamza Shahnawaz

April 30, 2026 – Apple Inc. on Thursday reported strong financial results for its fiscal second quarter of 2026, posting significant growth in revenue, profit, and key product segments.

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sui gas

Sui Southern Gas Company Limited Reports 80% Profit Plunge in 9MFY26

April 29, 2026April 29, 2026Shahnawaz Akhter

Karachi, April 29, 2026 — Sui Southern Gas Company Limited (SSGC) reported a sharp 80% decline in profit after tax for the first nine months of fiscal year 2025–26, as rising costs and lower margins weighed heavily on its financial performance.

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national bank

National Bank of Pakistan Reports 26% YoY Decline in Earnings for Q1 2026

April 29, 2026April 29, 2026Faisal Shahnawaz

Karachi, April 29, 2026 — National Bank of Pakistan (NBP) reported a 26% year-on-year (YoY) decline in earnings for the first quarter ended March 31, 2026, as lower income weighed on profitability.

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