Beco Steel: From the ashes of one rises another
The steel maker took over Ravi Textile in 2021 and is seeing stellar performance in its recent financials
Lahore High Court’s royalty decision gives Punjab’s cement manufacturers pricing disadvantage
While the ruling may still be appealed, it has given cement manufacturers in the province a decisive disadvantage relative to their counterparts based in Khyber-Pakhtunkhwa, where taxes are lower
In Bonnie Doon acquisition, Interloop seeks move up the value chain
The acquisition of the European operations of an American brand are a logical extension of the company’s strength in sock manufacturing
At PSO, circular debt stops growing
Consumer spending recovery helps stabilize company; better policy results in at least a stemming of the bleeding; and electric charging stations help prepare for the end of the age of oil
Janana De Malucho: A case study in struggling textile spinning mills
Competition from imported yarn from China and Vietnam, and rising energy costs, caused losses to increase five-fold
Saif Power struggles in life outside guaranteed returns contracts
Profits exist, but margins are meager relative to the old heyday, and the company has no clear plans for growth
Pakistan’s solar revolution: the paradox of too much supply
Pakistan’s electricity sector is at a paradoxical juncture, with expanded generation capacity and deepening financial crisis
Ali Asghar Textile to set up solar power plant
Company plans to install a 1,250 kW plant on its rooftop in a further blow to the grid
Cement exports from the south region finally ramp up again
The bank’s annual financial results showed growth amidst a tough macroeconomic environment, and ambitious expansion plans
Why Liberty Power backed out of buying out Engro’s energy business
A week after the acquirer announced it was backing out, Engro clarifies what happened: Liberty got cold feet
Pakistan’s oil and gas reserves see first growth since 2020
The difference may not mean much in the long run, but represents good news after years of decline
Petroleum sales surge 5% in March due to Ramazan and Eid
Intercity travel, coupled with general increased consumption led to volumetric increase in sales for fuel retailers
Has Pakistan found a plan to turn its power liabilities into strategic assets?
Pakistan plans to use its excess electricity production for establishing Pakistan as a hub of blockchain technology but is it a viable solution?
Power companies worth less than the cash on their balance sheet
The recent cancellation of CPPA-G related contracts have spooked the markets to future prospects, leading investors to think that the worst is not yet over for these companies
Pakistan’s circular debt strategy unfolds through unprecedented banking alliance
Government's new plan is built on the foundation of compliance from commercial banks