NBP makes progress in regulatory compliance for US operations

KARACHI: National Bank of Pakistan (NBP) has made significant progress in compliance with regulatory matters in USA operations. Read more »

PIA declares Rs67.32 billion annual loss

KARACHI: Pakistan International Airlines (PIA) – the national flag carrier – has declared after tax loss of Rs67.32 billion for the year ended December 31, 2018. Read more »

Honda Atlas Cars declares 50 percent drop in after tax profit

KARACHI: Honda Atlas Cars (Pakistan) Limited on Thursday announced 50 percent drop in net profit for the quarter ended September 30, 2019. Read more »

State Bank incurs Rs506 billion exchange loss in 2018/2019

KARACHI: The State Bank of Pakistan (SBP) incurred a net exchange loss of Rs506.13 billion during fiscal year 2018/2019 as against exchange loss of Rs72.28 billion during the preceding fiscal year, according... Read more »

National Bank declares marginal growth in profit with over 20 percent high earnings in nine months

KARACHI: National Bank of Pakistan (NBP) has declared marginal growth in after tax profit of one percent for nine months period ended September 30, 2019. However, income of the bank posted over... Read more »

PPL announces highest-ever Rs61.6 billion after tax profit with record 11 discoveries

KARACHI: Pakistan Petroleum Limited (PPL) has posted the highest-ever Rs61.6 billion after tax profit with a record number of 11 discoveries during financial year ended June 30, 2019. Read more »

Meezan Bank declares net profit of Rs11 billion for nine months

KARACHI: Meezan Bank has declared around Rs11 billion net profit (profit after tax) for the 11-month period ended September 30, 2019. Read more »

Bank Alfalah declares Rs9.24 billion net profit for period ended Sept 30

KARACHI: Bank Alfalah Limited has declared net profit of Rs9.24 billion for the period ended September 30, 2019 as compared with Rs8.63 billion in the same period of last year, depicting an... Read more »

PTCL declares 14.33 percent growth in after tax profit

KARACHI: Pakistan Telecommunication Limited (PTCL) on Wednesday declared 14.33 percent growth in profit after tax for the nine-month period ended September 30, 2019. Read more »

UBL posts 48 percent increase in after tax profit

KARACHI: United Bank Limited (UBL) has announced 48 percent increase in after tax profit to Rs14.4 billion in nine-month period ended September 30, 2019. Read more »

Attock Petroleum posts 21 percent decline in after tax profit

KARACHI: Attock Petroleum Limited has posted 21 percent decline in its after tax profit to Rs1.22 billion for the quarter ended September 30, 2019 as compared with Rs1.54 billion in the corresponding... Read more »

Hub Power declares Rs8.036 billion annual profit, 6.17pc lower than previous year

KARACHI: Hub Power Company Limited (HUBCO) has declared net annual profit of Rs8.036 billion for the period ended June 30, 2019, which is 6.17 percent lower than the profit of Rs8.565 billion... Read more »