ICI Pakistan posts 65pc decline in profits
KARACHI: ICI Pakistan Limited has announced a net profit of Rs279.4 million for the quarter ended December 31, 2019, which is 65 percent lower than the profit of Rs804.19 million…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: ICI Pakistan Limited has announced a net profit of Rs279.4 million for the quarter ended December 31, 2019, which is 65 percent lower than the profit of Rs804.19 million…
KARACHI: Dr. Arif Alvi, the President of Pakistan expressed his support for the development of Islamic banking industry in the country in a meeting held with Mr. Irfan Siddiqui –…
KARACHI: Engro Vopak Terminal Limited in partnership with Circle Women, a social enterprise focused on women’s economic empowerment, held Tech Karo’s closing ceremony, at the Karachi School of Business and…
KARACHI: The foreign currency buying selling rates as on January 26, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.76 and Selling at Rs138.86.…
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index gained 2.4 percent or 958 points to close the week ended January 25, 2019 at 40,264 points as positive news flow from…
KARACHI: In a recent poll conducted by Tresmark comprising over 25 bankers and brokers, 81.82% in the market unanimously agreed that SBP is likely to keep policy rate unchanged in…
KARACHI: Secretary Commerce Mohammad Younus Dagha has said the government is endeavoring to create a business friendly environment to help generate the commerce and trade activities in the country with…
KARACHI: International Steel Limited (ISL) has announced a net profit of Rs907.1 million for the quarter ended December 31, 2018, which is 23 percent lower than the profit of Rs1.178…
KARACHI: Pakistan’s leading manufacturers of leather products are participating in “LeShow Istanbul” being held from 24-26 January in Istanbul Congress Centre. LeShow is the most prestigious international leather and fashion…
KARACHI: Meezan Bank, Pakistan’s leading Islamic bank and the Best Bank in Pakistan has recently signed a Memorandum of Understanding with KIA Lucky Motors Pakistan Ltd – a collaboration between…
KARACHI: Hinopak Motors Limited has posted a net loss of Rs687.5 million for the quarter ended December 31, 2018. Company had posted a net profit of Rs191.32 million in the…
KARACHI: Honda Atlas Cars (HCAR) has announced a net profit of Rs601.595 million for the quarter ended December 31, 2018, which is 57.5 percent lower than the profit of Rs1.416…
KARACHI: The business community has appreciated the PTI government for proposing reforms and incentives for the trade and industry through the Finance Supplementary 2nd Amendment Bill on Wednesday. President Federation…
KARACHI: The banking sector spread for the month of December 2018 climbed to 5.2 percent, (+6bpsMoM/+35bpsYoY), rising for the third consecutive month. The latest numbers issued by the State Bank…
KARACHI: The foreign currency buying selling rates as on January 21, 2019 as issued by Forex Association of Pakistan. US Dollar (Inter-bank) – Buying at Rs138.86 and Selling at Rs138.96.…
LAHORE: Uber, the global smartphone app that seamlessly connects riders to partner drivers, has announced the launch of Uber Lite, a redesigned, simple version of the Uber app in Pakistan.…
KARACHI: Attock Petroleum Limited (APL) has announced a net profit of Rs2.1 billion for the six months ended December 31, 2018, which is 25 percent lower than the profit of…
KARACHI: Pakistan Oilfields Limited (POL) has announced a net profit of Rs7.9 billion for the six months ended December 31, 2018, which is 65.27 percent higher than the profit of…
KARACHI: Careem Pakistan has proposed a new online payment system for remittances, where the expats can optionally invest their money in products and get a market compatible rate of return.…
KARACHI: Dr. Mirza Ikhtiar Baig Senior Vice President FPCCI said that imposition of Gas infrastructure development Cess (GIDC) unjustified. He clarified that GIDC was imposed to develop gas infrastructure for…