Karachi, August 28, 2023 – Indus Motor Company Limited, Pakistan’s automotive manufacturers of Toyota cars, has announced a substantial 39% decline in profit after tax, reporting PKR 9.66 billion for the fiscal year ended June 30, 2023. This figure marks a significant decrease from the previous year’s profit after tax of PKR 15.80 billion.
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Mari Petroleum Secures Exploration License in Chagai, Balochistan
Karachi, August 25, 2023 – Mari Petroleum Company Limited, a key player in Pakistan’s energy sector, announced on Friday that it has successfully acquired an exploration license from the Balochistan government.
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Pak Suzuki Motor Records Staggering Loss of Rs 9.67 Billion in First Half of 2023
Karachi, August 25, 2023 – In a stark reflection of the challenges plaguing the automotive industry in Pakistan, Pak Suzuki Motor Company Limited announced a colossal loss of Rs 9.67 billion for the first half of 2023.
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Faysal Bank Reports Impressive Half-Year Profit Growth to Rs7.53 Billion
Karachi, August 24, 2023 – Faysal Bank Limited (FBL) has announced a remarkable surge in its half-yearly profits, with the profit after tax soaring to Rs7.53 billion for the period ending on June 30, 2023.
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Standard Chartered Bank Pakistan Reports Unprecedented 132% Increase in Half-Year Profit
Karachi, August 24, 2023 – Standard Chartered Bank (Pakistan) Limited has announced a remarkable 132 percent surge in after-tax profit, reaching Rs 18.78 billion for the half-year ending on June 30, 2023.
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Pakistan State Oil Records a Drastic 93% Drop in Annual Net Profit
Karachi, August 23, 2023 – Pakistan State Oil (PSO) has reported a staggering 93 percent decline in its profit after tax for the fiscal year ending on June 30, 2023.
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BankIslami Pakistan Registers Staggering Over 250% Half-Year Profit
Karachi, August 22, 2023 – BankIslami Pakistan Limited, a prominent player in Pakistan’s banking sector, has reported a remarkable surge in its profit after tax for the first half of 2023, marking a stunning growth of over 250 percent.
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Lucky Cement Announces Commencement of 25MW Solar Power Plant
Karachi, August 21, 2023 – Lucky Cement Limited, a leading player in the Pakistani cement industry, proudly announced the successful completion and commissioning of its 25-megawatt captive solar power plant.
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Allied Bank’s Profits Skyrocket by 158% in First Half of 2023
Karachi, August 17, 2023 – In a remarkable display of financial prowess, Allied Bank Limited (ABL) has reported an astounding 158 percent increase in profit after tax for the first half of the year ending June 30, 2023.
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Philip Morris Pakistan’s Profits Plummet by 76% in First Half of 2023
Karachi, August 16, 2023 – Philip Morris Pakistan Limited, an international company known for making cigarettes, has experienced a significant drop of 76 percent in its profits for the first half of this year, which ended on June 30, 2023.
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