NBP profits soar up by 73.65pc for third quarter 2017
KARACHI: In a notification sent to the bourse on Friday, National Bank of Pakistan reported its earnings for the first nine months...
Pakistan Petroleum Limited settles court case with AROL
KARACHI: In a notification sent to the bourse on Friday, Pakistan Petroleum Limited (PPL) announced a settlement of a court case with...
GSKCH reports profits increase of 9.40pc for third quarter
KARACHI: In a notification sent to the bourse on Friday, GlaxoSmithKline Pakistan (GSKCH) announced its earnings for the third quarter of 2017.
Sales...
OGDCL profits increase 16.25pc during first quarter of FY 2017-18
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) reported Rs 17.009 billion profit during first quarter of financial year 2017-18 compared to Rs...
Engro Corporation posts 33pc rise in profits for third-quarter
KARACHI: Engro Corporation on Thursday announced its third-quarter results showcasing a strong overall performance in its businesses.
“Profitability was augmented by the steady...
Standard Chartered Bank’s profits plummet Rs1.5b for Q3
KARACHI: Standard Chartered Bank (Pakistan) Limited on Thursday posted its profit before tax of Rs 10.6 billion in first nine months of...
Oil prices slightly down as US oil exports rose last week
TOKYO: Oil prices inched lower on Thursday, pressured by an unexpected increase in U.S. crude inventories and as oil output and exports...
PTA short-lists two consultants for 3G/4G auction in GB and AJK
ISLAMABAD: Two consultants have been short-listed by Pakistan Telecommunication Authority (PTA) for reaching out a base price and design of auction process...
Telenor unveils plan to convert 70pc of its network to 4G/LTE
ISLAMABAD: Telenor Pakistan has planned heavy investment to further enhance its 4G/LTE footprint in the country and plan to convert more than...
Rice exports grew by 31.91pc during first quarter of FY 2017-18
ISLAMABAD: Rice exports from the country during first three months of current financial year grew by 31.91 percent compared to exports in...
LSM registers 8.5pc year-on-year growth during August
ISLAMABAD: Data released by Pakistan Bureau of Statistics on Wednesday revealed that large-scale manufacturing (LSM) had registered 8.5pc year-on-year (YoY) growth during...
PPIB approves 1,250MW LNG, 132MW hydropower projects for Jhang and AJK
ISLAMABAD: Another LNG power project of 1,250-megawatt capacity near Jhang has been approved by Private Power and Infrastructure Board (PPIB) on Wednesday.
Also,...
MCB announces demerger of 90 branches, amalgamation into MIB
LAHORE: In a notification sent to the bourse on Wednesday, Muslim Commercial Bank (MCB) announced the demerger of ninety of its branches...
PPL signs gas sales agreement for Kandhkot
ISLAMABAD: Pakistan Petroleum Limited (PPL) executed a Gas Sales Agreement with Central Power Generation Company Limited (CPGCL) also known as GENCO II...
Hubco obtains $1.5b financing from China Development Bank for 1.32GW power plant
CHENGDU: Pakistan’s Hub Power Holdings Ltd (Hubco) has obtained $1.5b financing from a consortium of banks led by China Development Bank for...