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Despite record sales, Profit decline for Pak Suzuki

Pak Suzuki Motor Co (PSMC) posted Record revenue of Rs. 119 billion in 2018 Gross Margins decline to just 5.8%

Here is the detail of Uber-Careem $3.1 Billion deal

Uber Technologies Inc is all set to buy out rival Careem Networks FZ in a deal expected to be finalized soonThe move...

Pak Oxygen to invest Rs. 5.1 billion in new plant

Company to invest in an additional Air Separating UnitExisting capacity is 133 Tons per Day which is expected to be doubled once...

AGP Limited to buy Nutraceutical facility for Rs. 152 million

Company notified the exchange that it has decided to buy an already existing facility rather than build a new on

Car sales declined by 13% in February

Indus Toyota only company to witness Volumetric Sales growth in February Pakistan Automotive Manufacturers Association (PAMA) released Volumetric Sales...

Indus Toyota increase prices by 10%

Price Increase comes amid declining margins for the companyPrices of 1,700cc and above engine capacity vehicles increased by 10%

Philip Morris Pakistan post Rs. 543 million profit

Company witnessed record sales of Rs. 16 billion Philip Morris Pakistan (PMPK) on friday announced its Annual Financial Result...

BATA Pakistan post record Sales

Company announced highest Sales of Rs. 16.7 billion in 2018Profitability remain flat BATA Pakistan announced its Annual Financial result...

Shell Pakistan bear heavy FX Losses

Shell Pakistan announced Net Loss of Rs. 1.1 billion for the yearHigher FX Losses on imported fuel bring down profitability

Afghan Central bank declined sale of Bank Alfalah Operations

Bank Alfalah was in negotiations with Azizi Bank of Afghanistan to sale its Afghan operations In a notice to...

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