Karachi, March 3, 2026 – The Board of Directors of Citi Pharma Limited has approved the initiation of an Initial Public Offering (IPO) of its wholly owned subsidiary, Citi Veterinary Pharma Limited, aiming to raise up to Rs2 billion.
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Indus Motor demands big tax cuts to rev up Pakistan’s auto boom
Karachi, February 27, 2026 – Indus Motor Company Limited has called on the government to ease duty and tax burdens while reducing auto financing rates to support growth in Pakistan’s automobile sector. The request comes ahead of the formulation of the Auto Industry Policy 2026–31, which will replace the existing policy set to expire in June 2026.
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SSGC faces cash crunch as Rs47 billion dues loom from KE and PSML
Karachi, February 27, 2026 – Sui Southern Gas Company Limited (SSGC) announced its financial results for the half-year ended December 31, 2025, revealing Rs47 billion in receivables from K-Electric Limited (KE) and Pakistan Steel Mills Corporate Limited (PSML).
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Wafi Energy pays Rs4.60 billion income tax, reports 4.51% net profit rise in CY25
Karachi, February 27, 2026 – Wafi Energy Pakistan Limited announced its financial results for the year ended December 31, 2025, reporting a net profit increase of 4.51% and the payment of Rs4.60 billion in income tax, marking a 20% rise compared to Rs3.85 billion in 2024.
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Grant Thornton declines full audit review of TPL Trakker half-year results
Karachi, February 27, 2026 – Independent auditors Grant Thornton Anjum Rahma have declined to express a full audit opinion on TPL Trakker Limited’s financial results for the half-year ended December 31, 2025, citing disclosures that do not fully meet quality and professional standards.
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PPL settles disputes with Descon over two major EPCC projects
Karachi, February 26, 2026: Pakistan Petroleum Limited (PPL) on Thursday announced that it has reached an amicable settlement with Presson Descon International (Private) Limited (PDIL) and Descon Engineering Limited (DEL) to resolve long-standing disputes related to two major Engineering, Procurement, Construction, and Commissioning (EPCC) projects.
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SCBPL reports 37% drop in annual profit for CY25, declares final dividend
Karachi, February 26, 2026: Standard Chartered Bank (Pakistan) Limited (SCBPL) on Thursday reported a sharp 37% decline in net profit for the calendar year ended December 31, 2025, mainly due to a significant fall in interest income, lower gains on securities, and rising operating costs.
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PSX cracks the whip on DFML over reporting lapses
Karachi, February 26, 2026: The Pakistan Stock Exchange (PSX) has taken enforcement action against Dewan Farooque Motors Limited (DFML) for violations of disclosure and reporting obligations, following due process and the issuance of an enforcement order dated January 23, 2026.
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PSX profits soar 50% in 1HFY26, riding high on market surge
Karachi, February 25, 2026 — The Pakistan Stock Exchange (PSX) on Wednesday announced its financial results for the first half of fiscal year 2025-26, reporting a 50% increase in profit after tax compared to the same period last year.
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National Bank of Pakistan declares highest ever dividend in CY25
Karachi, February 25, 2026 — The National Bank of Pakistan (NBP) on Wednesday announced its financial results for the calendar year 2025, declaring its highest-ever cash dividend of Rs35 per share, supported by record profitability and strong operational performance.
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