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Tag: financial results

Philip Morris Pakistan

Philip Morris Pakistan’s Profits Plummet by 76% in First Half of 2023

August 16, 2023August 16, 2023Shahnawaz Akhter

Karachi, August 16, 2023 – Philip Morris Pakistan Limited, an international company known for making cigarettes, has experienced a significant drop of 76 percent in its profits for the first half of this year, which ended on June 30, 2023.

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engro corp

Engro Polymer Records 61% Decline in Half-Year After-Tax Profit

August 10, 2023August 10, 2023Shahnawaz Akhter

Karachi, August 10, 2023 – Engro Polymer and Chemicals Limited (EPCL) has encountered a substantial 61 percent drop in profit after tax for the half-year ending June 30, 2023.

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Bank Alfalah

Bank Alfalah Achieves Remarkable 113% Half-Year Profit Surge

August 10, 2023May 16, 2025Shahnawaz Akhter

Karachi, August 10, 2023 – Bank Alfalah, a prominent player in Pakistan’s financial sector, has stunned the market by announcing an astounding 113 percent growth in net profit for the half-year ending June 30, 2023.

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Lucky Cement Limited

Lucky Cement Achieves Remarkable 63.5% Surge in Profit After Tax

August 8, 2023August 8, 2023Faisal Shahnawaz

Karachi, August 8, 2023 – Lucky Cement, a prominent name in the cement industry, has reported a substantial surge of 63.5 percent in its profit after tax for the fiscal year ending on June 30, 2023.

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MCB Bank Building

MCB Bank Achieves Historic 150% Profit Growth in 1HCY23

August 2, 2023August 2, 2023Faisal Shahnawaz

Karachi, August 2, 2023 – MCB Bank, one of the largest banks in Pakistan, stunned investors by announcing an exceptional financial performance with a remarkable 150 percent growth in profit after tax (PAT) for the first half of the calendar year 2023.

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Colgate Palmolive

Colgate-Palmolive Pakistan Registers Massive 77% Increase in Annual Net Profit

August 1, 2023April 1, 2025Faisal Shahnawaz

Karachi, August 1, 2023 – Colgate-Palmolive Pakistan Limited, a leading consumer goods company, has reported an impressive 77 percent surge in net profit for the fiscal year ended June 30, 2023.

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engro fertilizer

Super Tax Shock: Engro Fertilizers Limited Witnesses Slump in 2Q2023 Profits

July 31, 2023July 31, 2023Hamza Shahnawaz

Karachi, July 31, 2023 – Engro Fertilizers Limited (EFERT) faced a setback in its earnings as the implementation of the super tax adversely impacted its financial performance.

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Habib Bank Limited

Habib Bank Surpasses Expectations And Posts PKR 13.1 Billion As Profit in 2QCY23

July 26, 2023July 26, 2023Faisal Shahnawaz

Karachi, July 26, 2023 – Habib Bank Limited (HBL) has surpassed expectations by announcing a remarkable profit for the Second Quarter of Calendar Year 2023 (2QCY23).

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united bank

UBL Reports Over Fourfold Surge in Quarterly Net Profit

July 19, 2023July 19, 2023Hamza Shahnawaz

Karachi, July 19, 2023 – United Bank Limited (UBL), one of Pakistan’s largest banks, has witnessed a remarkable over fourfold surge in net profit for the quarter ending June 30, 2023.

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Pakistan telecom

PTCL Reports 54% Decline in Quarterly Net Profit

July 19, 2023July 19, 2023Faisal Shahnawaz

Karachi, July 19, 2023 – Pakistan Telecommunication Company Limited (PTCL) announced a staggering 54 percent decline in net profit for the quarter ending June 30, 2023.

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