Fauji Fertilizer Company Limited (PSX: FFC) recorded its highest-ever unconsolidated quarterly profit of Rs. 25.2 billion (EPS: Rs. 17.7) during 2Q2025.
The firm’s 2Q2025’s profit is up 62 percent on a year-over-year (YoY) basis and 90 percent over quarter-over-quarter (QoQ) basis.
Th company’s performing during the second quarter took 1H2025 earnings...
Pakistan’s largest Islamic bank, Meezan Bank Limited (PSX: MEBL), is poised for significant stock growth, with Arif Habib Limited (AHL) projecting a target price of Rs448.3/share by June 2026, indicating a potential 28% upside from its last closing price of Rs350.7/share.
AHL has reaffirmed its ‘Buy’ rating on the stock, citing the bank’s solid fundamentals, stable margins, and...
The Securities and Exchange Commission of Pakistan (SECP) has established a centralized Ultimate Beneficial Ownership (UBO) Registry for the entire corporate sector.
In this regard, the SECP has introduced necessary amendments to the Companies Regulations, 2024 here on Tuesday.
The centralized UBO Registry, to be housed at the SECP, will ensure...
The Pakistan Stock Exchange (PSX) experienced a volatile session on Tuesday, as early bullish momentum gave way to heavy selling pressure, pulling key indices deep into negative territory by the close.
The benchmark KSE-100 Index closed at 137,964.82 points on Tuesday, marking a sharp decline of 1,415.24 points, or 1.02...
Pakistan and Kyrgyzstan have pledged to expand bilateral trade to $100 million and signed multiple agreements to boost cooperation in trade, energy, health, investment, and education during the 5th Session of the Inter-Governmental Commission (IGC) held in Islamabad.
According to an official statement released on Monday, the meeting, co-chaired by...
The government has estimated annual cost savings of around Rs250.54 billion ($895 million) through the modernisation of Companies Act and regulatory reforms. Of the total, savings of around Rs176.96 billion ($632.2 million) will come from modernising the law and Rs73.58 billion ($262.8 million) from regulatory changes.
Sources said that it...
Pheonix Global FZE (PGF), a wholly owned subsidiary of Supernet Limited, has signed a reseller agreement with Arabsat (Arab Satellite Communications Organization) to offer Arabsat’s Managed Satellite Services across its entire coverage area.
A reseller agreement is a legal contract where one party (the supplier) authorizes another (the reseller) to...
Meezan Bank, Pakistan’s first and largest Islamic bank, becomes the first bank in the country to roll out Visa’s latest digital innovation: – the Visa Global eSIM for its Visa Infinite Debit Cardholders. Visa, the world leader in digital payments, has introduced the Visa Global eSIM - an innovative...
In a step towards hybrid adoption, Sazgar Engineering Works (SAZEW) has officially begun pre-bookings for its first locally assembled plug-in hybrid electric vehicle (PHEV) — the HAVAL H6 Hi4 1.5L AT AWD Turbo — with the initial rollout of its CKD model expected in August 2025.
The listed auto assembler...
Fatima Fertilizer Company Limited (FFCL) has decided to acquire 100% ownership of Fatima Petroleum Company Limited (FPCL) — a company that is not listed on the stock exchange.
The acquisition will be done at face value, meaning FFCL will pay the original nominal value of the shares, not a market-driven or...
