Karachi, April 22, 2025 – Engro Fertilizers (EFERT), one of Pakistan’s leading fertilizer producers, reported a steep 63% year-on-year decline in its after-tax profit for the first quarter of calendar year 2025.
(more…)Category: Corporate
-
Meezan Bank Reports 11% Decline in Profit for Q1 CY2025
Karachi, April 21, 2025 – Meezan Bank Limited has reported an 11% drop in its profit after tax for the first quarter of the calendar year 2025, compared to the same period in 2024.
(more…) -
Philip Morris Pakistan Denies Irregular Share Price Activity
Karachi, April 21, 2025 – Philip Morris (Pakistan) Limited has issued a formal response to the Pakistan Stock Exchange (PSX), denying any unusual or unexplained movement in the trading price or volume of its shares. The clarification came after PSX issued a notice regarding significant fluctuations observed in the company’s stock over recent sessions.
(more…) -
Sazgar Posts 192% Increase in After-Tax Profit for 9MFY25
Karachi, April 21, 2025 – Sazgar Engineering Works Limited has reported a staggering 192% increase in after-tax profit for the nine-month period ending March 31, 2025, compared to the same period in the previous fiscal year.
(more…) -
PSX Probes Philip Morris Over Share Price Spike
Karachi, April 18, 2025 – The Pakistan Stock Exchange (PSX) has formally issued a notice to Philip Morris (Pakistan) Limited, seeking clarification regarding an unusual movement observed in the company’s share price over the recent trading sessions.
(more…) -
UBL Registers Highest-Ever Quarterly Profit in 1Q2025
Karachi, April 16, 2025 – United Bank Limited (UBL) has reported its highest-ever quarterly profit for the period ended March 31, 2025, marking a major milestone in the bank’s financial history.
(more…) -
SECP Denies Hascol’s Request for AGM Extension
Karachi, April 11, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has officially rejected a request by Hascol Petroleum Limited for a 30-day extension to hold its Annual General Meeting (AGM).
(more…) -
PPL Expands Barytes Project with New Agreement in Balochistan
Karachi, April 10, 2025 — Pakistan Petroleum Limited (PPL) has taken a major step forward in expanding its mining footprint in Balochistan, announcing the execution of Amendment No. 1 to the Operating Agreement for its Barytes Project.
(more…) -
OGDCL Reports Fourth Gas Discovery at Waziristan Block
Karachi, April 8, 2025 — Oil and Gas Development Company Limited (OGDCL) has announced a fourth significant gas and condensate discovery in the Waziristan Block, marking a promising development for Pakistan’s energy sector.
(more…) -
NRL Discovers Significant Copper-Gold Deposit in Balochistan
Karachi, April 8, 2025 — Fatima Fertilizer Company Limited has announced a major milestone in Pakistan’s mining sector: a significant discovery of copper-gold mineralization in Balochistan by its joint venture, M/s. National Resources (Private) Limited (NRL).
(more…)