Profit Magazine
Profit
Published Work(1,385 articles)
Profit Magazine
FeaturedSugar industry’s margins stagnant, even as revenues rise
While some mills have struggled with higher sugarcane costs, others have managed to post higher gross margins and profits
FeaturedStrong profits at Engro allow Dawood Hercules to pay off debts early
Company plans to pay down entirety of its long-term debt in 2021, at least one year ahead of schedule
FeaturedMatco Foods investing Rs1.4 billion to enter corn starch business
Plan is part of the company’s aggressive growth strategy to dominate the food commodities business
FeaturedBritish investor to take major stake in TPL Life Insurance
TPL is selling over a third of the company to the London-based group that also has investments in Afghanistan
India’s brazen attack
Profit MagazineProfit E-Magazine Issue 121
FeaturedDespite the pandemic, Careem managed to have a record year in Pakistan
The Pakistani market accounts for nearly a quarter of total bookings in the region for the ride-hailing giant
FeaturedArçelik joint venture may bring Hitachi household electronics to Pakistan
Turkish manufacturer, which owns local market leader Dawlance, entered a joint venture with the Japanese company to manufacture and distribute its products throughout Asia ex-Japan
FeaturedInvest Capital Investment Bank to be acquired by a Russian-run, Dubai-based cloud-seeding company
Few details are available about the acquiring company, or why it plans to enter the Pakistani market through the acquisition of an investment bank, rather than simply setting up a local subsidiary
FeaturedPakistan Oilfields’ new discoveries underscore country's dwindling reserves
As domestic reserves decline, Pakistan will become increasingly dependent on imported natural gas, unless the country decides to move off hydrocarbons altogether
FeaturedPak Datacom's stock price is soaring, despite dismal results
The stock is up more than 50%, a development management credits to the market’s faith in their announced strategy
