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Al-Habib, Soneri’s earnings surge

The Bank Al-Habib on Wednesday announced that its profit-after-tax (PAT) surged by over 127 per cent to Rs35.930 billion in 2023 from Rs16.686bn in calendar year 2022. The bank also announced a 50 per cent or Rs5 per share as final cash dividend in addition to interim cash dividend already paid at Rs9 per share. The bank did not offer any bonus or rights share. Meanwhile, the PAT of Soneri B

Al-Habib, Soneri’s earnings surge

The Bank Al-Habib on Wednesday announced that its profit-after-tax (PAT) surged by over 127 per cent to Rs35.930 billion in 2023 from Rs16.686bn in calendar year 2022. The bank also announced a 50 per cent or Rs5 per share as final cash dividend in addition to interim cash dividend already paid at Rs9 per share. The bank did not offer any bonus or rights share. Meanwhile, the PAT of Soneri B

Gohar woos foreign investors

Caretaker Commerce and Interior Minister Gohar Ejaz on Wednesday said that Pakistan was poised to become a trillion-dollar economy in a decade and investors should exploit the growth potential. Addressing foreign and local investors at the Overseas Chambers of Commerce and Industry (OICCI), he urged the investors to grab the opportunity as “Pakistan is a gold mine, which is bound to go far ahea

Gohar woos foreign investors

Caretaker Commerce and Interior Minister Gohar Ejaz on Wednesday said that Pakistan was poised to become a trillion-dollar economy in a decade and investors should exploit the growth potential. Addressing foreign and local investors at the Overseas Chambers of Commerce and Industry (OICCI), he urged the investors to grab the opportunity as “Pakistan is a gold mine, which is bound to go far ahea

Revenue collection jumps 25pc in January

Tax collection by the Federal Board of Revenue (FBR) fell short of the target by almost Rs9 billion in January mainly due to lower collection in domestic taxes and customs duty, provisional figures showed on Wednesday. The revenue collection in January stood at Rs681bn against a projected target of Rs689.6bn. It increased by 24.95pc when compared with Rs545bn in the corresponding month last yea