News

Bank of Punjab approves Rs1bn capital injection into BOP Exchange

The Bank of Punjab (BOP) announced on Tuesday that it had approved the injection of an additional capital of Rs1.0 billion in BOP Exchange Private Limited. The decision was taken during a board meeting held on February 17, 2026, the company’s filing informed the Pakistan Stock Exchange (PSX) today. It said that the decision was made to meet the required regulatory capital requirements and su

PTCL achieves strong financial results with significant YoY growth during 2025

Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its consolidated annual financial results for the year ended December 31, 2025. PTCL recorded strong YoY revenue growth, maintaining its position as Pakistan’s premier integrated telecom and ICT services provider. Financial Highlights Consolidated revenue increased by 12

HUBC posts Rs10.6bn profit in 2QFY26

Hub Power Company Limited (HUBC) reported consolidated profit of Rs10.6 billion for the second quarter of FY26, translating into earnings per share (EPS) of Rs8.19, up 152 percent year-on-year but down 9 percent on a sequential basis, with the result falling short of industry expectations due to a higher-than-anticipated effective tax rate. The sharp year-on-year increase in earnings was primar

Pharma firms introduce advanced medications to help patients control diabetes, obesity

Pharmaceutical firms in Pakistan recently introduced advanced GLP-1- and GIP-based medications for people living with chronic diabetes amid the health crisis escalating to an alarming level with one in three adults reported living with high blood sugar, making Pakistan the third most affected country in the world. In addition to imports, some pharmaceutical firms started manufacturing and suppl

Gold rises as US tariff uncertainty lifts safe-haven demand

Gold prices climbed on Wednesday, as investors flocked to the safe-haven metal during Asian trading, weighing uncertainty over US tariffs after the US Supreme Court struck down a swathe of measures from President Donald Trump. Spot gold was up 0.5% at $5,174.76 per ounce, as of 0159 GMT.Bullion ended the previous session down more than 1% as investors locked in profits after gold hit a three-we