Attock Refinery Limited (ARL) has been forced to shut down its plant due to ongoing smuggling of petroleum products from neighboring countries.
(more…)Category: Corporate
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Unilever Pakistan achieves 87% profit growth despite economic challenges
Unilever Pakistan Foods Limited has achieved a remarkable 87% increase in profit after tax for the quarter ending in March 2023, despite challenging economic conditions.
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Faysal Bank reports impressive 51% increase in net profit for 1QCY23
Faysal Bank Limited, one of the leading Islamic banks in Pakistan, has reported a remarkable 51% year-on-year increase in net profit for Q1 2023.
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Lucky Cement announces record-breaking profit for 9MFY23
Lucky Cement Limited announced a record-breaking profit after tax of PKR 48.5 billion for the nine-month period ending March 31, 2023.
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United Bank posts highest-ever quarterly profit in 1QCY23
United Bank Limited (UBL) has reported the highest-ever quarterly profit in the first quarter of 2023, with consolidated earnings of Rs11.62 per share, up 53 percent year on year and 9 percent quarter on quarter.
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Unprecedented FED increase to cause revenue shortfall, boost illicit trade: Philip Morris
The revenue collection from tobacco industry likely to fall short of targets after a massive increase in Federal Excise Duty (FED), a report revealed on Friday.
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National Bank of Pakistan discloses deposit base up to March 31, 2023
National Bank of Pakistan (NBP) Thursday disclosed its deposit base up to March 31, 2023, which showed a significant increase in total deposits compared to the previous quarter.
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MCB Bank shows impressive growth in 1QCY23; registers 46% increase in profit after tax
MCB Bank has shown impressive growth in first quarter of calendar year 2023 and posted 46 percent rise in profit after tax.
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Habib Bank records 56% quarterly profit on back of high interest income
Habib Bank Limited (HBL), one of the largest banks in Pakistan, reported a strong financial performance for the first quarter ending March 31, 2023.
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