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Tag: financial results

Atlas Honda

Honda Atlas Cars Announces 44% Dip in Half-Year Profitability

November 22, 2024November 22, 2024Faisal Shahnawaz

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

Jazz Achieves Strong Growth in Q3 2024 with Digital Innovation

November 14, 2024November 14, 2024Hamza Shahnawaz

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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national bank

NBP Profits Plunge by 76% in 9M 2024 Amid Rising Costs

October 30, 2024October 30, 2024Shahnawaz Akhter

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 corp

Engro Corporation Reports 48% Drop in 9MCY24 Profit

October 29, 2024May 16, 2026Faisal Shahnawaz

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 […]

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Pakistan Petroleum Limited

PPL Reports 24% Drop in Quarterly Profit Amid Rising Costs

October 29, 2024October 29, 2024Faisal Shahnawaz

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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Pakistan State Oil

PSO Reports Rs 15.9 Billion Profit for FY24, Declares Dividend

October 25, 2024October 25, 2024Faisal Shahnawaz

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 For Life

MCB Bank Reports 8% Decline in Earnings for 3QCY24

October 23, 2024October 23, 2024Shahnawaz Akhter

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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united bank

UBL Posts Record Quarterly Earnings of Rs 18.3 Billion in 3Q2024

October 23, 2024October 23, 2024Shahnawaz Akhter

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 Limited

Meezan Bank Reports 34% Profit Growth in 9M CY24

October 21, 2024October 21, 2024Faisal Shahnawaz

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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Habib Bank Limited

HBL Reports 13% YoY Decline in Q3 2024 Earnings

October 16, 2024October 16, 2024Shahnawaz Akhter

Karachi, October 16, 2024 – Habib Bank Limited (HBL) announced a 13% year-on-year (YoY) decline in earnings for the third quarter of calendar year 2024 (3QCY24), with profits totaling PKR 14.5 billion (Earnings Per Share: PKR 9.85).

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