Chenab’s fortunes have not quite changed. Why is its stock price going up?
After negotiating a debt restructuring deal, Chenab has seen an increase in revenue but continues to make losses. With US tariffs making Pakistani textiles less competitive, what comes next?
Copper exports from Saindak mine crossed $800 million in 2024
Once a political hot potato, the mine is finally earning Pakistan a meaningful amount of export revenue, with China being the only buyer
At Hum TV, YouTube is starting to become big business
Revenue from the digital platform accounts for nearly a quarter of the company’s core business, and has been growing faster than traditional advertising
Pakistani meat to finally be available at Carrefour in Dubai
The Organic Meat Company has landed the contract to start selling at the selective French retailer’s UAE stores after a decade-long effort
MCB Funds nearly triples revenue on the back of rising markets
The significant increase in topline revenue did not come from capital gains, but instead higher fees earned by having a larger base of assets under management
Habib Bank crosses Rs5 trillion in deposits
Pakistan’s largest bank continues to grow its lead, even as it faces stiff competition from rising star Meezan Bank
Engro steps up lending and direct sales to farmers
The company’s inventories have been piling up as farmers struggle, so it is stepping up efforts to move further downstream in its own value chain
Revenue up, profits down at Ghani Glass
Slow down across several key products lines hit the company’s top line in a harbinger of what may be affecting the broader economy
Monsoon death trap
This year’s floods are not an anomaly — they are the new normal
Colgate Palmolive’s sluggish year
Revenue and profits barely grew, as consumers continue to struggle with the after effects of a heavy crisis
Stiff battery price competition hits Exide’s sales
The solar glut is starting to have downstream impact, including on battery sales, which are driven in large part by the need for electricity storage during intermittency
Revenue down at Lucky Core Industries
Slow down across several key products lines hit the company’s top line in a harbinger of what may be affecting the broader economy
Sazgar’s poised to profit from Pakistanis’ new taste for SUVs
Company to launch several new models, with its partnership with Chinese automakers continuing to deliver dividends
JDW’s expansion of its ethanol production
Expansion into auxiliary production should help expand its margins in an otherwise tough year
Rating agencies back Pakistan’s recovery story ahead of international debt push
Following Fitch, S&P upgrades Pakistan's rating as the country prepares for global bond market return