Tag: Economy


  • 52nd CCI assembly scheduled for Might 2

    April 25, 2025 (MLN): The Pakistan Prime Minister, Shehbaz Sharif, in his capability as Chairman of the Council of Frequent Pursuits (CCI), has scheduled the 52nd assembly of the CCI for Friday, Might 2, 2025. The assembly will happen on the Prime Minister's Home in Islamabad. The agenda for the assembly, which will likely be…

  • PKR appreciates by 10 paisa in opposition to USD

    April 25, 2025 (MLN): The Pakistani rupee (PKR) appreciated by 9.95 paisa or 0.04% in opposition to the US greenback in Friday's interbank session to settle the commerce at PKR 280.97 per USD, in comparison with the earlier closing of 281.07. All through the day, the forex noticed an intraday excessive (bid) of 281.15 and…

  • TGL studies development in web revenue for 9 months

    April 25, 2025 (MLN): Tariq Glass Industries Restricted (PSX: TGL) reported a modest 0.92% improve in web revenue for the nine-month interval ended March 31, 2025, reaching Rs3.51 billion (EPS: Rs20.39), in comparison with Rs3.48bn (EPS: Rs20.2) in the identical interval final yr (SPLY). The corporate has declared an interim money dividend for the monetary yr ending…

  • IPAK Group sees 66% income progress in 9MFY25

    April 25, 2025 (MLN): Worldwide Packaging Movies Restricted (PSX: IPAK) Group has recorded 66% improve in its revenues for the nine-month interval ended March 31, 2025, demonstrating a robust trajectory of each topline growth and bottom-line progress amidst a difficult macroeconomic setting. The Group’s consolidated income reached Rs26.04 billion for the nine-month interval in comparison with…

  • NBP revenue soars to over Rs22bn in March quarter

    April 25, 2025 (MLN): Nationwide Financial institution of Pakistan (PSX: NBP) has launched its monetary outcomes for the quarter ended March 31, 2025, reporting a revenue after tax of Rs22.11 billion [EPS: Rs10.29], marking a major enhance of 125.14% in comparison with Rs9.82bn [EPS: Rs4.56] in the identical interval final yr (SPLY). As per the consolidated…

  • SBP reserves fall 6.5m on exterior debt repayments

    April 24, 2025 (MLN): The international change reserves held by the State Financial institution of Pakistan (SBP) decreased by $366.5 million or 3.47% WoW to $10.21 billion through the week ended on April 18, 2025, information launched by the State Financial institution of Pakistan confirmed on Thursday. The drop is attributed to the exterior debt…

  • Ghandhara Tyre revenue drops 68% in 9MFY25

    April 24, 2025 (MLN): Ghandhara Tyre & Rubber Firm Restricted (PSX: GTYR) reported a pointy 68.23% decline in revenue for the 9 months ended March 31, 2025, posting Rs63.79 million in comparison with Rs200.75m in the identical interval final yr. The earnings per share (EPS) additionally decreased considerably, falling from Rs1.65 to Rs0.52, reflecting a difficult interval…

  • BAHL studies rise in after-tax earnings

    April 24, 2025 (MLN): Financial institution AL Habib Restricted (PSX: BAHL) has posted a 4.59% improve in revenue after tax for the quarter ended March 31, 2025, clocking in at Rs10.72 billion in comparison with Rs10.25bn in the identical interval final 12 months. The financial institution has declared an interim money dividend of 35%, amounting to…

  • BIFO set to enter minerals sector with new subsidiary

    April 24, 2025 (MLN): Taking a strategic transfer to diversify and faucet into the rising potential of the minerals sector, the Board of Administrators of BIAFO Business Restricted (PSX: BIFO) allowed to institution of the brand new subsidiary. This subsidiary will undertake initiatives within the minerals sector, with the choice to collaborate with different entities or…

  • ABL sees 27% decline in quarterly earnings

    April 24, 2025 (MLN):  Allied Financial institution Restricted (ABL) reported a web revenue after taxation of Rs8.48 billion [EPS: Rs7] for the quarter ended March 31, 2025, reflecting a 26.97% decline from Rs11.61bn [EPS: Rs10] earned in the identical interval final 12 months. The financial institution has declared an interim money dividend of Rs4.00 per share, equal…