Indus Motor Company Limited (“the Company”) has announced its financial results for the half-year FY 24-25 ended December 31, 2024, showcasing strong growth amidst signs of economic recovery in Pakistan. The Company’s net sales turnover for the six-month period ended December 31, 2024, surged to Rs. 84.88 billion, up from Rs. 50.91 billion in the…
Arc Developers, the fastest-growing real estate developer in DHA-1 Islamabad, has launched two groundbreaking projects—Pearl Boulevard and Oasis Tower—continuing its legacy of excellence and innovation in the real estate sector. Pearl Boulevard is a state-of-the-art commercial project, while Oasis Tower offers luxurious residential apartments, making it the largest development in Orchard Road Business Park. Both…
In a historic milestone, ABHI and TPL Corp Limited came together to celebrate the grand launch of ABHI Microfinance Bank at Mohatta Palace. This strategic collaboration, approved by the State Bank of Pakistan (SBP) and the Competition Commission of Pakistan (CCP), marks a significant step toward redefining financial inclusion in the country. To commemorate this…
Pakistan Tobacco Company Limited (PTC) today announced the launch of Omni™, a pioneering global platform designed to drive awareness and informed discussions around Tobacco Harm Reduction (THR). This platform aligns with BAT Group’s commitment to building A Smokeless World through science-backed innovations. Originally unveiled at BAT’s inaugural Transformation Forum in London in September 2024, Omni™…
Representing Pakistan’s IT Industry, Umair Nizam, Senior Vice Chairman of P@SHA, has apprised that Pakistan made a powerful impact at Web Summit Qatar 2025, one of the world’s leading technology conferences, with a dedicated Pakistan Pavilion showcasing the country’s dynamic IT and tech innovation landscape. Furthermore, the Pakistan Pavilion was officially inaugurated by Pakistan’s Ambassador…
International Packaging Films Limited (IPAK) Group has recorded a 61% increase in its revenues for the six months ending December 31, 2024. The current consolidated revenue of the group stands at Rs 16.25 billion as compared to Rs 10.08 billion in the same period last year, showing a remarkable growth of 61%. The consolidated profit…
Livoltek, a global leader in smart solar energy solutions, proudly concluded its participation in the Solar Pakistan Expo 2025, held from February 21 to 23 at the Expo Center Lahore. The event marked a significant milestone for Livoltek, attracting an impressive number of visitors and extensive media coverage. The event overall attracted 10,000 visitors, including…
LUCK – SHARING GROWTH, ENHANCING VALUE Lucky Cement Limited (PSX Symbol: LUCK) announced a 5 for 1 stock split through its notice to PSX on February 21, 2025. The said recommendation was made in its Board meeting held on February 20, 2025, which is subject to approval by its shareholders in an Extra ordinary General…
In a significant step towards fostering international collaboration in Islamic finance, Meezan Bank, Pakistan’s leading Islamic bank, and the Participation Banks Association of Türkiye, or Türkiye Katilim Bankalari Birliği (TKBB) have signed a Memorandum of Understanding (MoU) to drive innovation, knowledge sharing, and capacity building in the sector. The MoU was exchanged during the official…
The book-building process of Barkat Frisian Agro Limited’ Initial Public Offer (IPO) has concluded with an oversubscription of 16.25 times, the historic development at PSX. The IPO received an unbelievably overwhelming response from institutional investors and high-net worth individuals as the strike price clocked in at Rs 18.2 per share, a max 40% higher…
