Imperial Ltd. sells its land and packs up its sugar business

The struggling company has tried to keep going in various capacities, but has finally decided to exit its core business completely

Are local makeup brands really local?

Attention! Your imported drugstore makeup is melting, and not from the hot weather but from the heat it is getting from local players

In its efforts to please expats, the govt gives a new lease on life to car manufacturers

The SBP’s new dollar hungry scheme is serving an already overserved segment of Pakistanis

Shezan – What’s in a name?

A history steeped in troubles, tribulations, and complications is at a turning point with the settling of a 33-year-old case over the Shezan name

Chinese petrol drive OMC profits

Mogas imports from China rose to 16pc of the total in 2021 under the CPFTA II, but could not prevent retail prices from reaching record highs

Can Easypaisa sustain post-Telenor’s exit?

With Telenor Pakistan’s sale to PTCL, key synergies between the bank and telco evaporate

How a rift in Pakistan’s tobacco industry determines how cigarettes are taxed and not the government

Local and multinational tobacco companies engage in brutal lobbying and media wars to try and tax each other out of business and influence.

Mari Petroleum seeks to acquire Fauji’s wind power projects

Why an oil and gas company is looking to acquire a wind power generator: the fuel mix for Pakistan’s electricity generation is changing dramatically

How Daraz used cricket as a customer acquisition strategy

Daraz used a classic shoppertainment strategy to acquire customers. It worked

Pakistani drug companies rarely bring innovative products to market. Ferozsons broke the mould

The company’s partnership with Gilead Sciences has resulted in better products available to the Pakistani market, and a substantially better financial performance for the company itself

Anver Majid has succeeded in getting a court to prevent him from being ousted as CEO… while he is still in jail

This story will never not be funny. And Profit will cover it blow by blow.

Will Chinese cars beat out the Big Three? Don’t bet on it.

For years Suzuki, Honda, and Toyota have dominated Pakistan’s car market. But as competition increases, will Chinese companies looking for inroads make the difference?

Is the Pakistan Super League a viable business opportunity?

Perhaps it was fitting, perhaps it was ironic. The most expensive team in the fourth edition of the Pakistan Super League (PSL)...

Four ticking time-bombs threatening Pakistan’s food security

Despite its great capability, Pakistan’s food security is hanging by a thread. Profit identifies key indicators of the systemic problems our agriculture faces

NETSOL stock riding high after key wins in signing new clients

Pakistan’s only NASDAQ-listed company appears poised for faster growth after a recent spate of stagnation