Karachi, February 13, 2025 – Pakistan State Oil (PSO) has announced an impressive profit growth of over 44% for the half-year period spanning from July to December of the fiscal year 2024-25.
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PTCL Suffers Massive 48.56% Fall in Profit for 2024
Karachi, February 12, 2025 – Pakistan Telecommunication Company Limited (PTCL) has reported a significant decline in profitability, with a staggering 48.56% drop in profit after tax for the year 2024.
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MCB Bank Announces Annual Financial Results for 2024
Lahore, February 6, 2025 – MCB Bank Limited has announced strong financial results for the year ended December 31, 2024, reflecting another year of robust growth and solid performance.
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SECP records highest-ever monthly company incorporation
Islamabad, February 1, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has set a historic record by incorporating a total of 3,442 companies in January 2025, marking the highest-ever number of new company registrations in a single month.
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OGDCL starts oil and gas production from Bettani-2 Well
Karachi, January 31, 2025 – Oil and Gas Development Company Limited (OGDCL) has officially commenced oil and gas production from the Bettani-2 appraisal well, located in District Lakki Marwat, Khyber Pakhtunkhwa. This milestone marks a significant advancement in OGDCL’s ongoing exploration and production efforts.
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Audit Report Flags Financial Risks at Dewan Sugar Mills
Karachi, January 24, 2025 – Dewan Sugar Mills Limited, in its annual report for 2024 submitted to the Pakistan Stock Exchange (PSX), disclosed adverse observations by auditors concerning the company’s repayment capacity and financial health. These observations have raised significant concerns about the sustainability of the company’s operations.
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OGDCL Boosts Oil Production at Kunnar Field
Karachi, January 23, 2025 – Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, announced a significant enhancement in oil production at the Kunnar Oil Field, a vital energy asset in District Hyderabad, Sindh.
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PPL Reports Major Boost in Gas Production at Gambat South
Karachi, January 23, 2025 – Pakistan Petroleum Limited (PPL) has announced a remarkable increase in gas production at the Shandad X-1 well, located in the Gambat South Block.
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BML Moves Court for Rs 10 Billion Recovery from Omni Group
Karachi, January 22, 2025 – Bank Makramah Limited (BML) has initiated legal proceedings to recover Rs 10 billion in non-performing loans (NPLs) from the Omni Group and its affiliated entities.
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Honda Pakistan Reports 296% Profit Rise Ahead Major FBR Deal
Karachi, January 22, 2025 – Honda Atlas Cars (Pakistan) Limited has reported an impressive 296% growth in net profit for the quarter ended December 31, 2024, as the company prepares for significant sales to the Federal Board of Revenue (FBR).
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