KPRA

KP Revenue Authority registers 11,000 taxpayers in three years

PESHAWAR: With broadening of tax base by almost 800 per cent, the Khyber Pakhtunkhwa Revenue Authority (KPRA) has so far registered 11,000...

Nishat Mills’ profit plunges 40pc to Rs1.89bn

LAHORE: The Board of Directors of Nishat Mills Limited (NML) met on Friday to review the company's performance and announce its financial...

Lotte Chemicals reports 25pc increase in profit 

LAHORE: The Board of Directors of Lotte Chemicals Pakistan Limited (LOTCHEM) met on Friday to review the company's performance and announce the...

Askari Bank reports 59pc surge in profit

KARACHI: The Board of Directors of Askari Bank met on Thursday to review the bank's performance and announce its financial statements for...

As others thrive, Soneri Bank posts meagre profits

KARACHI: The Board of Directors of Soneri Bank Limited on Thursday approved the annual audited accounts for the year ended 31 December 2019. The...

Faysal Bank profits jump 24pc to Rs6bn

KARACHI: The Board of Directors of Faysal Bank met on Thursday to review the bank’s performance and announce its financial statements for...

SBP announces five-fold increase in payment limit for freelancers

KARACHI: The State Bank of Pakistan (SBP) has dramatically increased payment limits for freelancers working in the digital and IT sector, and...

PIA rebounds in revenue but still in loss

KARACHI: Pakistan International Airline (PIACL) on Wednesday announced its half-yearly results for the period ending June 30, 2019, after a meeting of...

IMF brings down revenue target to Rs4.8tr

–Sources say govt may increase petroleum development levy to meet revised target –Govt tells IMF it cannot increase gas prices or impose additional...
PTCL

PTCL’s net profit decreases 14.5pc to Rs6.3bn

LAHORE: The Pakistan Telecommunication Company Limited (PTCL) has posted PTCL Group and PTCL’s net profit at Rs2.4 billion and 6.3 billion, respectively. The...
Bitcoin

Bitcoin breaches $10,000 to hit highest level since October

Bitcoin is back above $10,000. The largest cryptocurrency’s recent upward momentum carried it past that psychologically significant level on Sunday for the first...

Shahtaj Sugar Mills reports 119pc surge in net profit

LAHORE: The net profit of Shahtaj Sugar Mills Limited (SHJS) increased by 119.4pc for the company's first quarter ended December 31, 2019. According...
PSDP

IMF asks to fully utilise PSDP budget

ISLAMABAD: The International Monetary Fund (IMF) has asked the federal government to fully utilize the current fiscal year development budget under the...

Allied Bank’s profit after tax grows 11.2pc to Rs14.5bn

LAHORE: The Board of Directors of Allied Bank met on Friday to review the bank’s performance and announce its financial statements for the...

MCB Bank’s profit before tax grows 25pc, crosses Rs40bn mark

The Board of Directors of MCB Bank Limited met under the chairmanship of Mian Mohammad Mansha on Tuesday to review the bank’s...