Karachi, April 28, 2025 – Kia Motors is grappling with delays in vehicle deliveries across Pakistan due to ongoing protests and road blockages in Sindh.
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Suzuki gears up for compact SUV launch in Pakistan
Karachi, April 28, 2025 – Suzuki Pakistan is preparing to make a bold entry into the growing SUV segment, with plans to launch a compact SUV within the next two years.
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FPCCI warns of profound impact of US tariffs on Pakistan’s exports
Karachi, April 28, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concern over the United States’ recent decision to impose a 29% tariff on Pakistani products, warning of a profound impact on the country’s export sector.
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PKR vs USD April 28: interbank rupee weakens against dollar
Karachi, April 28, 2025 – The Pakistani rupee weakened by 10 paisas against the US dollar on Monday, closing at PKR 281.07 compared to last Friday’s PKR 280.97 in the interbank foreign exchange market.
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PSX urges government to reconsider tax on bonus shares
Karachi, April 28, 2025 – Pakistan Stock Exchange (PSX) has formally urged the government to review the current tax treatment of bonus shares in the forthcoming federal budget for 2025-26.
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SBP releases foreign currency rates for April 28, 2025
On April 28, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Liverpool clinch 2024-25 Premier League title in stunning fashion
Liverpool have officially been crowned the winners of the 2024-25 Premier League season following a commanding 5-1 victory over Tottenham Hotspur at Anfield on Sunday.
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Punjab battles relentless heat as weather breaks no relief
Punjab, April 28, 2025 – There appears to be no immediate respite for the people of Punjab as extreme heat continues to dominate the region’s weather conditions.
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Port Qasim Shipping Activity Report – April 28, 2025
Karachi, April 28, 2025 – The Port Qasim Authority (PQA) has released its latest shipping activity report for Monday, April 28, 2025, providing essential updates for all stakeholders involved in maritime trade and logistics.
The report, compiled and updated at 0800 hours, details vessel movements, cargo operations, and berthing activities that occurred over the past 24 hours.
According to the Port Qasim shipping report, several vessels successfully completed their operations and departed the port. The vessel M.V. GEORGIOS P, carrying 27,146 metric tons of rice and 8,022 metric tons of other cargo, sailed from M/W-II berth under the management of Ocean Services. Meanwhile, M.T. AB OLIVIA, loaded with 12,000 metric tons of palm oil, and M.T. HAI TUN ZUO, transporting a substantial 57,804 metric tons of mogas, departed the Liquid Cargo Terminal (LCT) and FOTCO terminals respectively, marking a significant movement in the port’s shipping activity.
On the berthing side, the port witnessed the arrival of important cargo vessels enhancing the flow of trade. M.V. VOLISSOS berthed at HFP&S-IV to discharge a cargo of 42,186 metric tons of coal, handled by Ocean World. Additionally, container vessel M.V. SEASPAN SANTOS was berthed at QICT-VII under the agency of GAC Shipping, signaling robust container activity. Two additional tankers, M.T. SKY RUNNER and M.T. IVAN 6, also berthed at LCT and SSGC terminals respectively, continuing the port’s dynamic shipping operations.
Furthermore, vessel shifting was an active part of today’s shipping activity. M.V. ANDREAS-K, carrying 37,000 metric tons of rice, shifted from M/W-I, while M.V. ATLANTIC SAMURAI, laden with 68,340 metric tons of soybean seed, moved from outer anchorage. Such shifting operations are vital for maintaining smooth berthing schedules and ensuring continuous port activity.
The Port Qasim Authority emphasized that these movements reflect the ongoing vibrancy of the port’s shipping sector and the efficient handling of both import and export cargoes. PQA continues to play a pivotal role in Pakistan’s trade infrastructure, and regular updates through the shipping activity report provide transparency and support for stakeholders managing shipping logistics.
Port Qasim remains committed to enhancing its facilities and streamlining operations to accommodate the growing demands of international and domestic shipping activity.
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Directors’ review report – Worldcall Telecom Limited (Q1 FY2025)
Worldcall Telecom Limited has present its review report for the first quarter ending March 31, 2025. This report includes both condensed interim standalone and consolidated financial information, reflecting the Company’s performance during the period.
Economic Overview
The telecommunications sector in Pakistan demonstrated steady growth during the first quarter of 2025. The demand for digital services continued to rise, particularly in broadband, mobile internet, and enterprise solutions. As more users turn to telecom networks for connectivity in daily life, work, education, and financial services, the telecom sector’s importance in enabling the digital economy becomes even more evident.
During the quarter, macroeconomic conditions showed cautious optimism. With inflation easing and external account improvements, the operating environment for telecom companies stabilized. The telecom sector also contributed significantly to national revenues, supported by government initiatives aimed at improving tax compliance and enhancing digital regulatory frameworks. Telecom firms, including Worldcall, continued to invest in network expansion and digital infrastructure to improve service quality and reach underserved regions.
In the same period, key developments included ongoing discussions regarding spectrum management and preparations for the rollout of 5G services. The government also made strides in enhancing digital governance, emphasizing public-private collaboration to drive digital inclusion across the country.
Financial Overview
Standalone Financial Performance
For the first quarter of FY2025, Worldcall Telecom reported a positive performance despite the challenging economic conditions. The Company generated revenue of Rs. 1,203 million, a notable increase compared to the same period in FY2024. However, direct costs also saw a rise, totaling Rs. 1,025 million. The overall operating costs amounted to Rs. 988 million, which aligns with the increase in revenue.
Worldcall’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was Rs. 45 million, up from Rs. 23 million in Q1 FY2024. This positive movement in earnings was partly attributed to a reduction in finance costs due to the decrease in KIBOR rates. Despite these improvements, the company reported a loss after tax of Rs. 267 million for Q1 FY2025, reflecting an increase in expenses in areas like depreciation.
Consolidated Financial Performance
In the consolidated financial statements, which include the performance of Route 1 Digital (Private) Limited, Worldcall Telecom’s results continue to reflect a strong presence in Pakistan’s telecom sector. Route 1 Digital, a subsidiary, plays a key role in the Company’s expansion into digital services and innovative telecom solutions.
Future Outlook
Worldcall Telecom is well-positioned to capitalize on Pakistan’s accelerating digital transformation. The introduction of next-generation technologies such as 5G presents significant growth opportunities. The Company remains committed to investing in research and development, infrastructure, and strategic partnerships to enhance its position in the evolving telecom sector.
Additionally, Worldcall has initiated a major 200K connection project aimed at providing affordable broadband services in underserved areas. The project will leverage the existing fiber optic network and significantly expand its reach across 20 cities. This rollout is expected to complement the Company’s Fiber to the Home (FTTH) initiative, optimizing IP bandwidth utilization and fueling further growth in broadband services.
Furthermore, Worldcall is advancing its CADNZ product, a comprehensive Customer Relationship Management solution tailored for the banking sector. The Company is also integrating AI and Big Data technologies into its offerings, which have already attracted industry collaborations and new business opportunities.
Employee and Customer Focus
At Worldcall, we recognize the vital role played by our staff in driving the Company’s progress. The dedication, creativity, and innovation of our team are integral to our success, whether through technological advancements, operational efficiencies, or deeper customer engagement. The Company continues to focus on delivering sustainable value for all stakeholders while maintaining a culture of excellence and collaboration.
With a shared vision and commitment to continuous improvement, Worldcall remains focused on advancing its leadership in Pakistan’s telecom market.