Karachi, February 27, 2025 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of over Rs 222 million on Bank Alfalah, as per a report released on Thursday.
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OGDCL Discovers Oil and Gas in North Waziristan
Karachi, February 25, 2025 – The Oil and Gas Development Company Limited (OGDCL) has announced a significant discovery of oil and gas at the Exploratory Well Spinwam-1 in the Waziristan Block, situated in the North Waziristan District of Khyber Pakhtunkhwa Province.
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PSX Reports 45% Earnings Growth for Half-Year FY25
Karachi, February 24, 2025 – The Pakistan Stock Exchange (PSX) has announced its financial results for the half-year ended December 31, 2024, reporting an impressive 45% increase in profit growth. The strong performance highlights the resilience of the PSX amid evolving market conditions.
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SCBPL 2024 Earnings: Rs 46B Profit, Rs 54.5B Tax Paid
Karachi, February 21, 2025 – Standard Chartered Bank (Pakistan) Limited (SCBPL) has reported a remarkable annual profit after tax of Rs 46.06 billion for the financial year ending December 31, 2024, despite a substantial tax payment amounting to Rs 54.55 billion.
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PTCL Discloses Key Investment Information to Stock Market
Karachi, February 21, 2025 – Pakistan Telecommunication Company Limited (PTCL) has officially disclosed significant material information to traders at the Pakistan Stock Exchange (PSX), underscoring its commitment to technological advancement and infrastructure development.
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Shell Pakistan Reports 44% Dip in Annual Profit Amid High Taxes
Karachi, February 20, 2025 – Shell Pakistan, now rebranded as Wafi Energy Pakistan Limited, has reported a 44% drop in annual profit for the financial year ending December 31, 2024.
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HBL Surpasses Expectations with Strong 4QCY24 Results
Karachi, February 19, 2025 – Habib Bank Limited (HBL) has posted financial results for the fourth quarter of CY24, exceeding analysts’ expectations due to higher-than-anticipated net interest income (NII) and other income.
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UBL Plans Issuance of Additional Tier-1 Capital Instruments
Karachi, February 19, 2025 – United Bank Limited (UBL) has taken a significant step towards strengthening its financial position and supporting its long-term strategic objectives.
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PSO Partners with HUBCO to Develop EV Charging Infrastructure
Karachi, February 17, 2025 – Pakistan State Oil (PSO) has announced a significant partnership with HUBCO Green (Private) Limited to establish and promote electric vehicle (EV) charging infrastructure across Pakistan.
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Meezan Bank Achieves 20% Annual Profit Growth for 2024
Karachi, February 13, 2025 – Meezan Bank Limited has reported an impressive 20% increase in its annual profit after tax for the fiscal year ending December 31, 2024.
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