KARACHI – Engro Foods Limited, a prominent player in the Pakistani dairy industry, has announced an 83% decline in net profit for the fiscal year 2018, according to financial statements submitted to the Pakistan Stock Exchange (PSX) on Friday.
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Lucky Cement wins international CSR award
KARACHI: Lucky Cement Limited (psx: LUCK) has secured 8th International Corporate Social Responsibility Award in the category of “Sustainability Initiative”. The award was organized by The Professionals Network (TPN).
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Domestic oil sales plunge by 28.45pc in seven months
KARACHI: The domestic oil sales have dropped by 28.45 percent to 10.74 million tons during July – January 2018/2019 as compared with 15.01 million tons in the same period of the last fiscal year.
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Sindh Engro Coal becomes first ISO certified pit mining company
KARACHI: Sindh Engro Coal Mining Company (SECMC) has become world’s first and only pit mining company to get ISO-45001:2018 certification, a statement said on Thursday.
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Lucky Cement posts decline in profit after tax by 16pc in first half
KARACHI: Lucky Cement Limited has posted decline in profit after tax by 16 percent to Rs5.5 billion for first half of the year ended December 31, 2018 as compared with the profit of Rs6.54 billion in the same period of the last year.
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Port Qasim launches night navigation system
KARACHI: Pakistan has inaugurated the night navigation system for large vessels at Port Qasim, marking a significant milestone in the country’s maritime history.
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NBP becomes settlement bank for Mobi Direct Payment System
KARACHI: National Bank of Pakistan (NBP) has signed an agreement to become settlement bank for Mobi Direct’s digital payment system.
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UBL surrenders New York Branch license
KARACHI: United Bank Limited (UBL) officially communicated to the Pakistan Stock Exchange (PSX) on Tuesday that it has surrendered its New York branch license to the New York State Department of Financial Services (NYDFS) on January 28, 2019.
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Engro Vopak takes steps for women empowerment
KARACHI: Engro Vopak Terminal Limited in partnership with CIRCLE Women, a social enterprise focused on women’s economic empowerment, held Tech Karo’s Closing Ceremony on Monday, at the Karachi School of Business and Leadership.
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PIA starts monitoring of free tickets
KARACHI – Pakistan International Airlines (PIA) has initiated a comprehensive monitoring system for non-revenue passengers and government agency officials traveling on 100 percent free tickets, according to a recent notification issued by the national flag carrier.
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