Business

Business

Banks’ Profitability Up 16% QoQ, Down 1% YoY in 3Q2024

Staff Report:Pakistan’s listed banks reported profitability of Rs158 billion in 3Q2024, a 1% decline year-on-year but a 16% increase quarter-on-quarter. Despite lower interest rates, net interest…

Nov 1, 2024
Business

Slight Increase in Petroleum Prices

Islamabad: The federal government has increased the prices of petroleum products, raising petrol by Rs 1.35 per liter. The Ministry of Finance has issued a notification…

Oct 31, 2024
Business

Ogra Raises LPG Prices

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Thursday notified Rs 2.88 per kg raise in LPG consumers price for November 2024. In a statement, OGRA…

Oct 31, 2024
Business

Engro Corp reports solid 9-month results

Karachi: Engro Corporation’s revenue from ongoing operations increased by 12% to Rs. 279 billion, up from Rs. 250 billion during the same period in 2023. The…

Oct 30, 2024