K-Electric pins massive net loss of Rs 30.9bn in 2023 to macroeconomic hurdles
ISLAMABAD: K-Electric (KE) has reported a staggering net loss of Rs 30.9 billion during the financial year (FY) 2023 which is a...
Oil continues to tumble after previous session’s slide
Oil prices fell by more than $1 on Thursday, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any...
 Pakistan buys first LNG spot cargo since 2022 Â
PLL has bought a cargo from Vitol for $15.97/mmbtuÂ
How soaring prices, low agri demand, and import constraints set OMC sales back by three years
September's sales collapsed by â…“ to put them at the industry’s lowest since March 2020Â
Mixed quarter for the cement industry comes to an end
ISLAMABAD: According to data released by the All Pakistan Cement Manufacturers Association, the cement dispatches for the month of September have declined...
NEPRA hikes power tariff by Rs 3.28 per unit
ISLAMABAD: Giving another shock to the already burdened power consumers, National Electric Power Regulatory Authority (NEPRA) has approved an increase in the...
CCP approves two mergers; allows takeover of LNG terminal operators
ISLAMABAD: In a move to solve the lack of investment in Pakistan's energy sector, the Competition Commission of Pakistan (CCP) has given...
How did HUBCO earn its highest ever profit?Â
Higher incomes from associated companies, a faltering Rs, and having your Thar based power plants come online make for a nice bottom lineÂ
OGRA jacks up LPG price by Rs 21 per KG for October
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of Liquefied Petroleum Gas (LPG) by Rs 21 per Kilogram...
NEPRA approves upto Rs 4.45 per unit hike in power tariff for KE consumers
ISLAMABAD: Karachiites should get ready to bear a jolt in the form of significant increase in power tariff as National Electric Power...
NEPRA reserves decision on Rs 1.83 per unit hike in electricity tariff under FCA of August
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has reserved its decision on Rs 1.83 per unit increase in the power tariff on...
Power Division anticipates a recovery of around Rs 150bn within 3-4 months
ISLAMABAD: Power Division has so far recovered appropriately Rs.10 billion during its campaign against electricity theft and recovery from power defaulters, while...
Pakistan is set to supply fuel to ships. How did we get here?Â
Production set to ramp up from initial 2,000 mt to 10,000-12,000 mt in next six monthsÂ
Gul Ahmed Textile Mills sees profits fall by nearly 50% in 2023
The board, over the years, has discussed the company’s expansion and diversification efforts, along with substantial investments
SECP puts a leash on nano-lending apps
No digital nano-lender will now be allowed to earn more than the principal amount from a loan.