Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Fauji Fertilizer Bin Qasim (FFBL) announced its 1QCY19 ended March 31, 2019 financial results wherein the company reported unconsolidated net loss of PKR 1.867 bilion translating into loss per…
KARACHI: United Bank Limited (UBL) unveiled its 1QCY19 ended March 31, 2019 standalone net earnings at PKR 4.16 billion translating into earning per share (EPS) of PKR 3.40 versus profit…
KARACHI: DG Khan Cement Limited (DGKC) announced its 3QFY19 ended March 31, 2019 financial results wherein the company reported profit after tax of PKR 883 million translating into earning per…
KARACHI: Aisha Steel Mills Limited (ASL) unveiled its 3QFY19 ended March 31, 2019 financial results wherein the company recorded loss after tax of PKR 100 million translating into loss per…
KARACHI: MCB Bank Limited (MCB) unveiled its 1QCY19 ended March 31, 2019 consolidated net earnings at PKR 5.01 billion translating into earning per share (EPS) of PKR4.21 versus profit of…
KARACHI: Habib Bank Limited (HBL) unveiled its 1QCY19 ended March 31, 2019 consolidated net earnings at PKR 3.18 billion translating into earning per share (EPS) of PKR2.08 versus profit of…
KARACHI: ICI Pakistan Limited has announced profit after tax (PAT) for the nine-month period ended March 31, 2019 at PKR 1.773 billion, which is 35% lower than the SPLY, due…
ISLAMABAD: Supreme Court of Pakistan has restored tax collection on mobile phone cards, saying the apex court will not interfere in this matter.A three-member bench of the apex court, headed…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda has requested the Federal Board of Revenue (FBR) to issue necessary instructions to all RTOs to refrain from…
LONDON: Supermarket Income REIT, the UK supermarket real estate investor, has acquired a Tesco Extra supermarket in Mansfield, Nottinghamshire, from the Charities Property Fund (CPF) for £45.0 million, reflecting a…
LONDON: Savills Investment Management, the global real estate investment manager, has appointed Alex Jeffrey as its new Chief Executive Officer (CEO). He will join the firm in late 2019 and…
HONG KONG: A leading integrated water environmental solutions provider in China, Everbright Water Limited has announced the proposed listing of its shares on the Main Board of The Stock Exchange…
SINGAPORE: Singapore Technologies Engineering Ltd (ST Engineering), a global technology, defence and engineering group, announced that the U.S. Department of the Navy has awarded VT Halter Marine, its shipbuilding business…
RIYADH: Saudi International Petrochemical Company (Sipchem) has announced a net profit of SAR 114.7 million for the quarter ended March 31, 2019, down 24.24% compared with the profit of SAR…
DUBAI, UAE: The Board of Commissioners of the Saudi Arabia’s Capital Market Authority (CMA) has authorized GFH Capital, a fully owned subsidiary of GFH Financial Group, to conduct ‘arranging and…
DUBAI, UAE: The shareholders of Arabtec Holding, a leading contractor for social and economic infrastructure, today convened at the Annual General Assembly Meeting (AGM) for the fiscal year of 2018…
SINGAPORE: In the first quarter of 2019, Consumer Staples was the second-best performing sector on Singapore Exchange (SGX) with a total return of 13.9%, after Information Technology’s 28.6% total return.…
TORONTO: (Knowledge Bylanes) — Bombardier Commercial Aircraft announced today that it will relocate its Q Series aircraft regional support team from Lanseria International Airport to Airways Park, close to O.R.…
SINGAPORE: Pakistan State Oil (PSO) issued this week its first fuel oil import tenders for 2019 as the state-owned energy firm prepares for rising summer demand, Reuters reported on Tuesday.PSO,…
ISLAMABAD: The steel industry has asked the PTI led-government to remove regulatory and custom duty on primary raw material, steel scrap and continuation of special procedures for collection of sales…