Karachi, October 3, 2025 – The Pakistan Stock Exchange (PSX) has formally announced the delisting of Philip Morris (Pakistan), one of the leading cigarette manufacturers in the country.
(more…)Category: Corporate
-
PSO Reveals Income Tax Contingencies Up to June 2025
Karachi, October 2, 2025 – Pakistan State Oil (PSO), the country’s largest energy supplier, has disclosed a series of income tax contingencies in its financial statements up to June 2025, highlighting long-standing disputes with the Federal Board of Revenue (FBR).
(more…) -
Procter & Gamble Exits Business in Pakistan
Karachi, October 2, 2025 – Procter & Gamble (P&G), one of the world’s leading consumer goods companies, has officially announced that it will discontinue its business operations in Pakistan.
(more…) -
PTCL gets CCP nod for Telenor Pakistan acquisition
Karachi, October 1, 2025 – The Competition Commission of Pakistan (CCP) has officially given the green signal to PTCL for acquiring the entire issued share capital of Telenor Pakistan BV. This landmark approval marks a significant step in reshaping the telecom landscape of the country.
(more…) -
Gul Ahmed Textile Shuts Export Apparel Division
Karachi, September 30, 2025 – Gul Ahmed Textile Mills Limited has announced the closure of its export apparel segment, citing unsustainable cost pressures that have eroded profitability in recent years.
(more…) -
OGDC reports five major oil and gas discoveries in FY25
Islamabad, September 29, 2025 – The Oil and Gas Development Company (OGDC) has announced a milestone achievement with five successful oil and gas discoveries during the fiscal year 2024–25.
(more…) -
K-Electric reports Rs4.13bn profit in FY24 turnaround
Karachi, September 23, 2025 – K-Electric has reported a remarkable turnaround, announcing a net profit of Rs4.13 billion for fiscal year 2023-24, compared to a loss of Rs39.39 billion in the previous year.
(more…) -
K-Electric moves to decommission gas-based power plants
Karachi, September 23, 2025 – The Board of Directors of K-Electric has officially decided to decommission two of its older gas-based power plants, the Korangi Town Gas Turbine Power Station (KTGTPS) and the SITE Gas Turbine Power Station (SGTPS).
(more…) -
Murree Brewery posts over 24% surge in annual profit
Karachi, September 19, 2025 – Murree Brewery Company Limited on Friday announced strong financial results, declaring a surge of more than 24% in net profit for the year ended June 30, 2025.
(more…) -
K-Electric board to review pending financial statements
Karachi, September 16, 2025 – The board of directors of K-Electric has announced that it will convene on September 23, 2025, to finalize long-pending financial statements for various periods ending June 30, 2024.
(more…)