Amreli Steels earns Rs516 million in July-December 2018
KARACHI: Amreli Steels Limited earned Rs516 million with EPS of Rs1.74 in the July-December period compared to Rs524 million with EPS of Rs1.77 in the corresponding period a year earlier.…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Amreli Steels Limited earned Rs516 million with EPS of Rs1.74 in the July-December period compared to Rs524 million with EPS of Rs1.77 in the corresponding period a year earlier.…
KARACHI: The foreign currency buying selling rates as on February 28, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.65 and Selling at Rs138.75.…
Karachi: Pak-Qatar Family Takaful signed an agreement with Ensur (a project management and consulting company in Brussels, Belgium) which will enable the company to provide Advisory services to the insurance…
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) hosted a prize distribution ceremony of the fourth inter-university trading competition stock trading competition at its head office. Farrukh Sabzwari, the…
LAHORE: Nestlé Pakistan posted a yearly sales revenue of PKR 124.6 billion for 2018, an increase of about 2% compared to previous year despite increasingly difficult economic conditions.Export sales during…
ISLAMABAD: The insurance industry is changing in response to a wide range of social, technological and global economic forces. The last two decades have shown considerable growth in the life…
Islamabad: Pakistan Telecommunication Company Limited (PTCL)has signed an agreementwith the Indus Resource Center (IRC) for adoption of two schools in remote areas of Khairpur, Sindh. PTCL supports IRC to run…
KARACHI: The Board of Directors (BoD) of Nishat Mills Limited (NML) has decided to voluntary windup Nishat UK (Private Limited, a wholly owned subsidiary of Nishat International FZE, which is…
KARACHI: The foreign currency buying selling rates as on February 26, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.96 and Selling at Rs139.06.…
ISLAMABAD: PTI Government is focusing on import substitution in the oil seed sector. Different initiatives would be adopted to divert oil seeds import to local farmers so that Pakistan can…
KARACHI: National Bank of Pakistan (NBP) unveiled its 2018 consolidated net earnings at Rs 20.04 billion (EPS Rs9.36) versus Rs23.35 billion (EPS Rs10.90) recorded during last year, exhibiting a decline…
Islamabad: Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with Allied Bank Limited (ABL) to support the bank for developingan innovative, cash-flow based,…
KARACHI: Indus Motor Company (INDU) has announced a net profit of Rs6.9 billion for the half-year ended December 31, 2018, which is 6.11 percent lower than the profit of Rs7.36…
KARACHI: Despite announcement of $21 billion package, the outgoing week remained negative on the back of growing tensions between India and Pakistan. Consequently, the Pakistan Stock Exchange (PSX) benchmark index…
KARACHI: State Bank of Pakistan has issued three Shariah Compliant Refinance Schemes that are expected to provide level playing field to the Islamic banking industry. Currently, SBP offers various subsidized…
KARACHI: The foreign currency buying selling rates as on February 22, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.56 and Selling at Rs138.66.…
KARACHI: Habib Metropolitan Bank (HMB) has announced a net profit of Rs6.42 billion for the year ended December 31, 2018, which is 9.5 percent higher than the profit of Rs5.86…
KARACHI: Bank Alfalah Limited (BAFL) has announced a net profit of Rs10.99 billion for the year ended December 31, 2018, which is 27.8 percent higher than the profit of Rs8.6…
BRUSSELS: A historic memorandum of understanding (MoU) for cooperation in business and investment has been signed by the Trade Development Authority of Pakistan (TDAP) jointly with trade and investment bodies…
ISLAMABAD: The SECP has conducted a series of five awareness sessions in Karachi, Lahore and Islamabad. The outreach sessions were held to share the findings of the National Terrorism Financing…