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Pakistan’s Feb 2019 Current Deficit down by 72%

Finance Minister Asad Umar has claimed that current account deficit for February 2019 has declined by 72 per cent or $900 million against February last year.Finance Minister took to Twitter and [...]

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Interloop raises Rs5.032b at PSX

Interloop Limited on Thursday raised Rs5.02 billion at the Pakistan Stock Exchange (PSX) by selling 12.5% of its total shareholding to a variety of investors for Rs46.1 per share.This is the [...]

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Pakistan closer to Final Deal with IMF

Bureaucratic Finance Minister Asad Umar has implied that bailout bundle converses with the International Monetary Fund (IMF) are in their last stages and the administration will have further [...]

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Askari General Inusrance Company Limited (AGIC)

FINANCIAL RESULT FOR THE YEAR ENDED 31/12/2018 PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 420.848 PROFIT/LOSS AFTER TAXATION RS. IN MILLION 295.768 EPS = 4.73 DIVIDEND = 15%(F) BONUS ISSUE = [...]

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Chashma Sugar Mills Limited. (CHAS)

FINANCIAL RESULT FOR THE FIRST QUARTER ENDED 31/12/2018PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 9.584PROFIT/LOSS AFTER TAXATION RS. IN MILLION 69.532EPS = 2.42

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Packages Limited (PKGS)

FINANCIAL RESULT FOR THE YEAR ENDED 31/12/2018 (UNCONSOLIDATED) PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 3,445.384 (UNCONSOLIDATED) PROFIT/LOSS AFTER TAXATION RS. IN MILLION [...]

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Oversupply, floundering development to burden oil costs

Crude oil prices look likely to trade below $70 per barrel in 2019 as surplus production, much of it from the United States, and slowing economic growth undermine Opec-led efforts to shore up the [...]