Profit MagazineProfit E-Magazine Issue 111
Oct 17, 2020
Profit
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Profit Magazine
FeaturedTreet Corporation says goodbye to its for-profit education company
The industrial conglomerate announced its intention to sell Global Arts Ltd for at least Rs1.8 billion
Oct 17, 2020
FeaturedMedia Times, the Taseer-owned media conglomerate, consider selling off their TV channels
Both Business Plus and Zaiqa will be converted into wholly owned subsidiaries, with the group still deciding on divestiture
Oct 17, 2020
FeaturedMerger between Gatron Industries and Novatex approved by Balochistan High Court
Polyester companies allowed to combine operations; both supply raw materials to the non-cotton textile industry
Oct 17, 2020
FeaturedMall operator Pace, once a market leader, struggling to survive
The company operates old-fashioned shopping centers at a time when Pakistanis are getting used to modern malls; the social boycott against the majority shareholders – the Taseers – does not help either
Oct 17, 2020
Profit MagazineProfit E-Magazine Issue 110
Oct 11, 2020
FeaturedAs pandemic decimates travel, Pearl Continental and Regent Plaza take a massive hit to revenue
Both publicly listed hotel companies announced dismal results for the financial year 2020, in a challenge to the government’s attempts to encourage investment in the tourism industry
Oct 11, 2020
FeaturedAfter Karachi floods, revenues and profits decline sharply for Naya Nazimabad
The publicly listed housing development suffers from atrocious rain mismanagement, and its sales numbers reflect eroding confidence on the part of prospective buyers
Oct 11, 2020
FeaturedAvanceon subsidiary Octopus Digital to go public
The technology company gears up for its maintenance contracts subsidiary to go public
Oct 11, 2020
FeaturedUnity Foods is investing Rs2 billion in Pakistanis’ growing appetite for pizzas
The former textile company is looking to expand its flour subsidiary due to growing demand for pizzas and pastas
Oct 11, 2020
Profit MagazineProfit E-Magazine Issue 109
Oct 5, 2020
FeaturedPakistan’s young population has the skills and dedication to thrive despite Covid-19
According to a survey report by Standard Chartered, young people will use technical expertise to make most of the opportunities the post-Covid world will offer.
Oct 5, 2020