Business

Earnings per share amount to Rs0.55, in line with expectations

GATM share price closed at Rs47.04, down 4% from Rs49.03

Manila-based lender hopes to address Pakistan’s persistent energy crisis

Benchmark KSE 100-share Index rises 20.96 points

Finance Minister Dar says govt will bear revenue loss of Rs3.5b due to this decision

Says this will only happen once all locally produced cotton is sold completely

Amount of Rs30.6b available till May 2017; govt also approves buying 600MW electricity from captive power plants

Extension also given to file income tax returns after only 317,000 people completed duty

'PIA is targeting to have a fleet of 60 aircraft by 2020,' says CEO Bernd Hildenbrand

Upon closing of the deal, Arçelik will incorporate Dawlance’s two manufacturing sites in Karachi and one in...

Without understanding the benefits of inflation, people term it ‘bad’

Body will help execute transport, communication and trade projects

Needs national resolve, capable political forces and suitable environment

Share of consumer goods minimal, bilateral trade largely comprises raw material

Key ministries have continuously failed to stand up and face challenges

Using cargo-loaded containers will have drastic effects on exports, revenue and economic outlook

Rent-seeking, rightwing populism emerge as big hurdles to liberalisation

Abraaj Group says it has entered into an agreement with Shanghai Electric to divest its 66.4 pc stake in K-Electric

The bank’s YoY net interest income levels increased 2%

Groarke delivered a key note speech focusing on the ‘Diaspora Engagement for Impact Investment in Pakistan’

Govts across Europe. Washington and Brussels were committed to sealing TTIP before President Obama leaves office

Benchmark-100 Index down 1,419 points, 3.44% week-on-week

VW’s works council expects up to 25,000 staff to be cut over the next decade as older workers retire

OPEC official calls for ‘maximum commitment’ in controlling supply glut

A fibre optic cable will be laid to link countries in the two regions

Farmers count heavily on this staple crop to earn their livelihood

Development comes despite pleas from Economist Group to promote one of theirs

Goods carrier associations claim authorities using loaded containers to block roads in Punjab

Containers will enter through Sost border in Gilgit-Baltistan

The licence has been granted under the newly-promulgated Private Fund Regulations 2015

Ufone customers can pre-order the smartphone starting from November 4

Trading in shares of the company will start from November 1

EPS decreases to Rs0.44 during July-September quarter

The meat retail and export company booked a consolidated loss of Rs41.02 million

The company can produce 1,200 vehicles annually on a single shift basis

EPS stands at Rs7.49 compared to Rs6.24 in corresponding period last year

Atlas Honda Limited’s share price closed at Rs507.42, down 4.75%

Says it has reduced number of regulations to ensure ease of doing business

Benchmark KSE 100-share Index falls 114.43 points

Net mark-up income of the bank grew significantly, by 43% compared to the nine months ended Sept 30 2015

Says industrial tariffs are highest compared to competitors

This would not only result in huge losses to exporters but also the national exchequer

Up 2.3%, spokesman blames strike in February for low earnings

NEPRA shifts to power tariff based on competitive bidding

Says lower tariffs set by the regulator put undue burden on power sector

SHC restrains FBR from collecting tax on inter-corporate dividend income

Port has been leased to NLC for a period of 20 years

Revenue rises 5% during Jul-Sep mainly on the back of growth in subsidiary’s sales

The gross sales improved to Rs22.56 billion from Rs21.34 billion in the quarter in 2015

EPS amounts to Rs16.93, earnings clock in at Rs11.3b