FeaturedMillat Tractors’ 10-day shutdown: the story behind the decision
Ostensibly, the shutdown was about unpaid tax refunds – which are a legitimate grievance for the company – but there is more than meets the eye to the shutdown
Sep 9, 2024
Zain Naeem
Zain is a business journalist at Profit, and can be reached at [email protected]
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HeadlinesToyota Indus sold 11,000 fewer cars than it did last year. They still managed to increase profits.
Indus Motors sold just over 20,000 cars last year. The year before that they sold more than 31,000. Despite the dip in sales, higher margins mean their profits l increased.
Sep 3, 2024
FeaturedFrom cotton yarn to cloud computing: Chakwal Spinning’s attempt at a turnaround?
The textile mill located in Kasur wants to move from basic to high-tech, and may have found an investor to back it; can it pull off this comeback?
Aug 26, 2024
FeaturedA 10,000% return but no sales since 2020: Bela Automotive's surreal stock surge
As the stock price of a defunct auto parts manufacturer skyrockets, questions abound. What's driving this exuberance, and why do investors remain uneasy?
Aug 19, 2024
FeaturedJust how protected are Pakistan’s contracted workers?
The Supreme Court’s ruling promised equality, but in practice, have the companies caught on?
Aug 19, 2024
FeaturedIt's been a great year for the stock market. Was it for real?
With the index reaching new highs, Profit determines the winners and losers
Aug 12, 2024
FeaturedFauji Fertilizer wants to be the only Fauji Fertilizer company. How will the chips fall going forward?
Fauji Fertilizer company is looking to merge Fauji Fertilizer Bin Qasim into the main company. What will be the impact?
Aug 5, 2024
FeaturedHonda Car had a stellar first quarter but profits are still on the lower side
The company was able quintuple its sales for same quarter last year but profits are similar
Jul 29, 2024
FeaturedThe Big Three oligarchy in Pakistani automobiles is over
Having dominated the market since the 1980s, the three Japanese automakers face stiff competition from Korean and Chinese automakers, and their own lethargy in adjusting to consumer preferences
Jul 29, 2024
FeaturedThe story behind Pakistan’s biggest ever stock market dividend
A dividend of Rs 725 per share was given by PHDL soon after its Regent Plaza Hotel was acquired by SIUT
Jul 15, 2024
FeaturedPSO wants a loan-to-equity swap against its debt. How well thought out is the plan?
With circular debt ballooning out of control, out of the box thinking is being used to address it. Sadly, it won’t work
Jul 8, 2024
FeaturedThe boardroom meltdown at Al-Shaheer
Is the revolving door culture in the boardroom a cause or symptom of the company’s recent downturn?
Jul 1, 2024