Karachi, February 12, 2025 – Pakistan Telecommunication Company Limited (PTCL) has reported a significant decline in profitability, with a staggering 48.56% drop in profit after tax for the year 2024.
(more…)Tag: financial results
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Honda Atlas Cars Announces 44% Dip in Half-Year Profitability
Honda Atlas Cars (Pakistan) Limited (HCAR) on Friday announced its financial result for 1HMY25 today, posting a profit after tax of PKR 460 million (EPS: PKR 3.22), representing Year on Year (YoY) decrease of 44%.
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Jazz Achieves Strong Growth in Q3 2024 with Digital Innovation
Jazz, alongside its subsidiaries JazzCash, Mobilink Microfinance Bank (MMBL), and other VEON Group digital entities in Pakistan, has reported impressive financial results for Q3 2024, marking a significant milestone in its digital transformation.
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NBP Profits Plunge by 76% in 9M 2024 Amid Rising Costs
Karachi, October 30, 2024 – National Bank of Pakistan (NBP) reported a substantial 76% drop in after-tax profits for the nine-month period ending September 30, 2024, driven by escalating operational costs and intense inflationary pressures.
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Engro Corporation Reports 48% Drop in 9MCY24 Profit
Engro Corporation Limited (ENGRO) announced a significant decline in its financial performance for the nine months ending September 2024 (9MCY24), reporting a consolidated profit after tax of PKR 11,983 million, or PKR 22.33 per share. This reflects a steep 48% drop year-on-year, as challenging market dynamics, higher costs, and reduced demand affected its key business sectors.
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PPL Reports 24% Drop in Quarterly Profit Amid Rising Costs
Pakistan Petroleum Limited (PPL) has reported a significant 24% decrease in its profit after tax (PAT) for the quarter ending September 30, 2024. PPL’s PAT fell to Rs22.69 billion, compared to Rs29.76 billion during the same period last year, as the company contends with reduced sales and increased operational expenses.
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PSO Reports Rs 15.9 Billion Profit for FY24, Declares Dividend
Karachi, October 25, 2024 – Pakistan State Oil (PSO) has announced a profit after tax of Rs 15.9 billion for the fiscal year ending June 30, 2024, marking a significant achievement for the state-owned energy giant.
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MCB Bank Reports 8% Decline in Earnings for 3QCY24
Karachi, October 23, 2024 – MCB Bank has released its financial results for the third quarter ending September 30, 2024, revealing an 8% decline in earnings compared to the same period last year.
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UBL Posts Record Quarterly Earnings of Rs 18.3 Billion in 3Q2024
Karachi, October 23, 2024 – United Bank Limited (UBL) has announced its highest-ever quarterly earnings, reporting a remarkable profit of Rs18.3 billion for the third quarter of 2024 (3Q2024), translating to an earnings per share (EPS) of Rs14.96. This represents a 24% year-on-year (YoY) and quarter-on-quarter (QoQ) increase, aligning with market expectations.
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Meezan Bank Reports 34% Profit Growth in 9M CY24
Karachi, October 21, 2024 – Meezan Bank Limited has reported an impressive 34% year-on-year (YoY) growth in profit after tax for the nine-month period ending September 30, 2024.
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