Karachi, February 13, 2024 – Pakistan Telecommunication Company Limited (PTCL) revealed on Tuesday that its annual losses for the calendar year 2023 widened to Rs 14.15 billion, as reported in the financial statement shared with the Pakistan Stock Exchange (PSX).
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Pakistan Petroleum Celebrates Successful Drilling at Hala
Karachi, February 13, 2024 – Pakistan Petroleum Limited (PPL) achieved a significant milestone on Tuesday with the successful drilling and testing of the Adam-2 well in the Hala region.
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Attock Refinery Defers Shutdown to Ensure Petroleum Supply
Karachi, February 12, 2024 – Attock Refinery Limited (ARL) has decided to defer the planned shutdown of its refinery units in a strategic move aimed at guaranteeing a seamless supply of petroleum products across the nation.
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PTBA Urges SECP to Revamp Guidelines for Procedural Alleviation
Karachi, February 7, 2024 – The Pakistan Tax Bar Association (PTBA) has fervently called upon the Securities and Exchange Commission of Pakistan (SECP) to proactively update its guidelines and eliminate procedural hurdles, fostering a more conducive environment for all facets of the business realm.
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Faysal Bank Posts Massive 77% Profit Growth in CY 2023
Karachi, February 7, 2024 – Faysal Bank Limited has reported an impressive 77% surge in profit after tax for the calendar year 2023, marking a substantial increase from the preceding year.
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Attock Petroleum Records 41% Profit Growth in 1HFY24
Karachi, February 6, 2024 – Attock Petroleum Limited (APL) announced a substantial 41% growth in profit for the first half (July – December) of the fiscal year 2023-24, showcasing robust financial performance and strategic resilience in a dynamic market.
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MCB Bank Achieves Record Profits and Dividends in Year 2023
Karachi, February 6, 2024 – MCB Bank, one of Pakistan’s leading financial institutions, has announced its highest-ever profit and dividends for the calendar year 2023, according to analysts at Arif Habib Limited.
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Bank Al Habib Achieves 116% Surge in Net Profit for 2023
Karachi, January 31, 2024 – In a remarkable financial achievement, Bank Al Habib Limited announced an impressive growth of 116 percent in its profit after tax for the year 2023.
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Engro Names Ahsan Zafar Syed as President & CEO Designate
Karachi, January 31, 2024 – Engro Corporation, a prominent business conglomerate in Pakistan, has made a significant leadership announcement with the appointment of Ahsan Zafar Syed as President & CEO Designate.
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Colgate-Palmolive Pakistan Reports 75% Surge in Half-Year Profit
Karachi, January 30, 2024 – Colgate-Palmolive (Pakistan) Limited has announced a remarkable 75% growth in after-tax profit for the first half of the fiscal year ending December 31, 2023.
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