Stories from Usman Hanif
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PRL to invest $1b in setting up deep conversion refinery
Will produce Euro-II standard diesel, upgrade existing technology
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Nishat Mills’ profit remains almost flat at Rs2.65b
Earnings inch up only 2.4% in second quarter due to delay in tax rebates, higher finance cost
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Indus Motor’s profit falls 10% to Rs3.4 billion
Company suffers a huge hit on gross margins
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Telecom operators worried over delay in licence renewal
Licences of Warid, Jazz, Zong and Telenor are going to expire this year
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PIA to start flights on Peshawar-Al Ain route
National carrier is adding eight new routes in just four months
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PIA decides to stop flights on Japan route
National carrier mulls over increasing flights to Jeddah
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High taxes, rupee’s fall bring down cellphone demand
Mobile phone imports dip 7% to $424m in Jul-Jan FY19
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CAA to send new aviation policy to cabinet next month
Updated policy is expected to provide level playing field to domestic airlines
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Lotte Chemical’s earnings jump about 11 times
Company makes Rs4.4b profit in 2018 due to higher revenues
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Unity Foods to acquire edible oil refinery for Rs850m
Refinery has production capacity of 500 tons per day
