News Desk

Headlines

Revenue rises to Rs 28.44 billion, EPS stands at Rs 14.63

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Bank's profit in CY25 reached PKR 15.4 billion, driven by strong income growth and significant reduction in interest expenses relative to income.

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Board recommends 40% final cash payout, total dividend for year reaches Rs 16 per share

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Company posts strong half-year results despite decline in gross sales

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Share purchase agreement signed with Liberty Daharki Power and Seagreen Enterprises

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Market down by 0.75% as broad based selling continues from previous session

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Companies benefit from a stable exchange rate, a strong product pipeline, and a 35% drop in Chinese API costs; sector is projected to grow 35% YoY in 2026

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IMF review to assess Pakistan’s progress under EFF and RSF; country likely to meet nearly all seven quantitative performance criteria, though the floor on targeted cash transfers was narrowly missed in the last review by Rs1 billion

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KP follows with 41% output, Punjab produces 18% of the country’s oil, with Balochistan’s share being just 1%

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Participants of the high-level meeting examined updated production estimates, domestic market conditions, export performance, and logistical challenges

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Exports to the region fall 6%, while imports drop 4.29%, leading to a $7 billion deficit