Karachi, October 17, 2023 – Pakistan Telecommunication Company Limited (PTCL) announced a substantial 78% decline in profit after tax for the third quarter of the calendar year 2023.
(more…)Category: Corporate
-

FrieslandCampina Engro Pakistan Delivers Strong Growth Amid Economic Challenges
Karachi, October 16, 2023 – FrieslandCampina Engro Pakistan Limited (FCEPL) has reported strong financial results for the third quarter of 2023, achieving robust growth in its topline despite the challenging economic environment.
(more…) -

Pakistan Stock Exchange Recognizes Top 25 Companies for Year 2022
Karachi, October 16, 2023 – In a significant development for the capital markets and the overall economy, the Pakistan Stock Exchange (PSX) has officially announced the highly anticipated list of the Top 25 Companies Award recipients for the year 2022.
(more…) -

PACRA Assigns AM2 Rating with Stable Outlook to PQAMC, Affirming High Quality Standards
Karachi, October 13, 2023 – The Pakistan Credit Rating Agency (PACRA) has bestowed an Asset Manager rating of ‘AM2’ (AM-Two) with a stable outlook upon Pak-Qatar Asset Management Company Limited (PQAMC), signifying the company’s dedication to excellence in Islamic fund management.
(more…) -

Pakistan Reports Total Company Incorporations Reaching 202,892
Islamabad, October 12, 2023 –Securities and Exchange Commission of Pakistan (SECP) has reported that the total number of registered companies in Pakistan has reached 202,892 by the end of September 30, 2023.
(more…) -

Engro Fertilizers Achieves Record Quarterly Profit of Rs9.6 Billion
Karachi, October 12, 2023 – Engro Fertilizers (EFERT) has reported its financial results for the third quarter of 2023, posting the highest consolidated quarterly profit in its history at Rs9.6 billion.
(more…) -

TRG Pakistan Calls for Relying on Official Information, Denounces Malicious Campaign
Karachi, October 12, 2023 – TRG Pakistan Limited has issued a strong response to a recent malicious media campaign against the company, emphasizing the need for stakeholders to rely on official information and refrain from being influenced by misleading, false, and defamatory assertions made by its former CEO, Zia Chishti.
(more…) -

Faysal Bank and State Life Insurance Join Forces for Takaful Operations
Karachi, October 10, 2023 – In a significant move, Faysal Bank Limited (FBL) and State Life Insurance Company (SLIC) have inked a collaboration agreement to provide Takaful operations.
(more…) -

Engro Polymer Supports Flood-Resilient Housing Solutions in Pakistan
Karachi, October 10: In a proactive move to address the escalating challenges of climate-related disasters, Engro Polymer and Chemicals Limited has taken a significant step by offering support for flood-resilient housing solutions in Pakistan.
(more…) -

PPL Discloses Successful Outcome of Rigless Production Enhancement Campaign
Karachi, October 6, 2023 – Pakistan Petroleum Limited (PPL), a major player in Pakistan’s energy sector, has unveiled the results of its rigless production enhancement campaign, reaffirming its commitment to bolster the country’s energy security by optimizing domestic hydrocarbon production.
(more…)
