Karachi, February 23, 2024 – Standard Chartered Bank (Pakistan) Limited (SCBL) has reported an extraordinary 115 percent surge in net profit for the calendar year 2023, according to its financial statement for the year ending December 31, 2023.
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Corporate sector insights covering business strategies, governance, finance, taxation, and regulatory developments shaping company performance.
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HBL Records Phenomenal 84% Growth in Annual Profit for CY23
Karachi, February 23, 2024 – In a remarkable financial performance, Habib Bank Limited (HBL) has reported an impressive 84 percent growth in its annual profit for the calendar year 2023.
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Indus Motor to Infuse Rs 3 Billion for Localization of Parts
Karachi, February 22, 2024 – Indus Motor Company Limited made a significant announcement on Thursday, revealing plans for a fresh investment of Rs 3 billion aimed at the localization of parts and components.
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National Bank of Pakistan Registers 70% Profit Growth in CY23
Karachi, February 22, 2024 – The National Bank of Pakistan (NBP) has reported an impressive 70 percent growth in profit after tax for the calendar year 2023.
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Engro Polymer Pays Rs 1.7 Billion in Super Tax for CY23
Karachi, February 21, 2024 – Engro Polymer and Chemical Limited (EPCL) has contributed Rs 1.7 billion as super tax for the calendar year 2023.
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United Bank Achieves 75% Profit Growth in Calendar Year 2023
Karachi, February 21, 2024 – United Bank Limited (UBL) has reported a staggering 75 percent growth in profit after tax for the calendar year 2023, positioning itself as a leading dividend payer in the banking sector.
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SECP Company Registrations Reach 212,108 by January 2024
Islamabad, February 20, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has reported a substantial increase in company registrations, reaching a total of 212,108 by the end of January 2024.
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OGDCL Discovers Massive Gas Reserves in Khairpur, Sindh
Karachi, February 19, 2024 – The Oil and Gas Development Company Limited (OGDCL) made a groundbreaking announcement on Monday, revealing the discovery of vast gas reserves in the Khairpur District of Sindh Province.
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Mari Petroleum Discovers Gas Reserves in Block-28 Balochistan
Karachi, February 16, 2024 – In a groundbreaking development, Mari Petroleum Limited has officially announced the discovery of substantial gas reserves in the Maiwand Well within Block-28, located in Balochistan.
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Engro Fertilizers Sets New Record of Urea Production in 2023
Karachi, February 16, 2024 – Engro Fertilizers, Pakistan’s leading seed-to-harvest solutions provider, announced a historic achievement with a record urea production of 2.3 million tons in 2023.
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