TOMCL profit rises 22pc in FY20

LAHORE: The Board of Directors (BOD) of The Organic Meat Company Limited (TOMCL) met on Thursday to review the company's performance and...

NIFT, Checkout.com aim to bring int’l payment methods to Pakistan

'Implementation of the project, MoU for which was signed last month, will enable both organisations provide payment services through each other's infrastructure'

Pakistan wins Global Islamic Leadership Award for promotion of Islamic financing

President Alvi emphasises need to adopt basic principles of Islamic financing in order to establish a society based on equality and compassion

PM’s aide hails PSX for outperforming regional markets

ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Monday appreciated the strong performance of the Pakistan...

FBR significantly changes the taxation of capital gains on disposal of immovable property

ISLAMABAD: Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable property.  The changes...

NBP’s half-year profit surges 36.8pc to Rs15.2bn

ISLAMABAD: The National Bank of Pakistan's Board of Directors on Wednesday approved the condensed interim financial statements of the bank for the...

PSO reports Rs6.5bn loss for FY20

'Unprecedented losses of Rs16.4bn incurred during the 4th quarter of FY20 eroded the net profit of Rs3bn earned by the company during the first three quarters'

BankIslami’s half-yearly profit rises 53.7pc to Rs941m

KARACHI: The Board of Directors of BankIslami on Monday released its financial report for the half-year ended June 30, 2020,  According to the financials,...

MCB aims for deposits to grow 12pc this year

Bank also expects fee income to rise, but net interest margin to fall

1HCY20: Standard Chartered Pakistan reports 26pc increase in profit before tax

KARACHI: The Board of directors of Standard Chartered Bank (Pakistan) Limited met on Tuesday to discuss the bank’s performance and announce its financial...

Shell Pakistan posts Rs3.54bn loss for 2nd quarter of 2020

The Board of Directors of Shell Pakistan Limited (SPL) met on Friday to discuss the company’s performance and announce its financial results...

MCB profit rises 24pc to Rs13.2bn in half-year 2020

LAHORE: The Board of Directors of MCB Bank Ltd (MCB) met on Thursday to review the bank's performance and announce its financial...

BOK reports Rs1.2bn profit for half-year 2020

PESHAWAR: The Board of Directors of the Bank of Khyber (BOK) recently held its 162nd meeting, wherein it was announced that the...

PBA encourages banks to finance housing sector despite ‘unresolved issues’

KARACHI: Pakistan Banks Association (PBA), a business lobbying group, has given its support for housing and construction finance by banks, according to...

Lenovo sails past expectations with 31pc first-quarter profit jump

HONG KONG: Lenovo Group, the world’s biggest PC maker, smashed expectations with a 31pc leap in first-quarter net profit, as the coronavirus...