HBL on Thursday declared a record profit before tax of Rs 112.2 billion for the first nine months of 2025, 31 percent higher than in the same period last year. Despite higher tax rates burdening the banking sector, profit after tax increased 19 percent to Rs 51.4 billion. EPS for 9M’25 improved to Rs 34.97 from Rs 30.03 in 9M’24. Along with the results, the bank declared an interim dividend of Rs
PTCL Group (PTCL & Ufone 4G), Pakistan’s premier telecommunication and ICT powerhouse, has forged a game-changing alliance with Smart MEP, the nation’s top engineering and system integration firm. Showcasing its commitment to driving digital transformation, PTCL Group announced at GITEX Global 2025 Dubai its strategic move to harness Vodafone’s IoT Core Platform — a bold step set to revolutionize
Fauji Fertilizer Company Limited (FFC) has announced its financial results for the period ended September 30, 2025, as approved in the Board of Directors meeting held on Thursday. Ensuring safe, efficient and reliable operations, FFC Plant sites produced aggregate urea of 2,207000 tonnes whereas DAP production of 622000 tonnes was also achieved during the period. Aggregate fertilizer revenue st
The National Electric Power Regulatory Authority (Nepra) has imposed Rs 25 million fine on Lahore Electric Supply Company (LESCO) due to its failure pertaining to improvement in T&D losses and recovery in FY 2023-24 as compared to FY 2022-23. According to background information, Nepra received a Circular Debt (CD) Report for June 2024, from CPPA-G through an email on July 30, 2024. The report r
The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has raised alarm over the rampant misuse of used car import schemes —originally intended for overseas Pakistanis — which now fuel a Rs 200 billion black market and threaten the survival of Pakistan’s auto parts industry. Introduced under the Gift, Transfer of Residence, and Baggage schemes, these provisions were m