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