Systems Limited half-yearly profits increase by 63pc
Systems Limited reported a commendable increase of 63 per cent in half-yearly profits on a year-on-year basis, mainly due to top line increment...
Fatima Fertilizer’s gross profits jump 68pc amid decreasing cost of sales
Despite a 2 per cent reduction in Fatima Fertilizer Company’s sales, its bottom line rose up significantly, due to decreased cost of...
Soneri Bank’s half-yearly profits increase by 20.2 pc
Soneri Bank Limited’s profits for the half-year ended on June 30, 2018, have increased by 20.2 per cent as the company reported...
IGI Life reports massive 70pc decline in half-yearly profits
IGI Life insurance reported a 70 per cent drop in half-yearly profits due to a reduced net premium/contribution revenue.
In a Board of...
Jahangir Siddiqui & Co’s profits decline by 3.12pc
Jahangir Siddiqui & Co. Ltd’s profit for the half year ended June 30, 2018 has declined by 3.12 per cent over the...
CCP directs Lahore-based restaurant to stop use of ‘Starbucks’ logo
KARACHI: The Competition Commission of Pakistan (CCP) has issued an interim order directing a Lahore-based café, Options International (SMC-Pvt.) Limited, to immediately...
Telenor Pakistan announces new model to empower businesses
KARACHI: Being the front runner in creating opportunities by aiming at value creation, Telenor Pakistan, has announced its new and forthcoming business...
Shaheen Air refutes CAA claims, deny ‘fraud’ in payments
KARACHI: Shaheen Air International (SAI) has refuted statements made by the Civil Aviation Authority (CAA) in a letter sent by them to the Federal...
SBP denies rumors of issuing new design of banknotes
KARACHI: Reference the news items circulating in social media regarding the issuance of new design banknotes of different denominations, the State Bank...
Around 160,500 workers sent abroad in 6 months
ISLAMABAD: As many as 160,500 skilled and unskilled workers have proceeded to other countries for employment through the Bureau of Emigration and...
No decision to approach the IMF yet, says Asad Umar
ISLAMABAD: While speaking on the floor of the Senate on Tuesday, Finance Minister Asad Umar said the government has not made a decision...
ECC likely to take final decision about future gas prices
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet is set to decide either to fully pass on the hike in gas...
Cigarette manufacturers fail to comply with health ministry’s directives
A recently conducted market survey has identified that a majority of the brands of local cigarette manufacturers in Pakistan are still non-compliant with the latest Pictorial Health Warning (PHW) law
Market Daily: KSE-100 drops 201 points amid uncertain economic conditions
LAHORE: It was another dull day with low market participation. Indices swayed in both directions in the morning, but late selling forced...
Bank Alfalah posts impressive half-year results, with profit before tax at Rs10.008 billion
KARACHI: The Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on
26 August 2018, approved the Bank’s unaudited...