Profits
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IMC profits dive by 39%
Decline to Rs9.66b despite investing in high-return schemes
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Spending drive knocks Spotify shares after Q1 beat
Spotify estimates $208 million in the current quarter but hopes for better profits in the coming decade
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‘Increase tax on tobacco to save youth’
Tobacco companies make billions of dollars even after paying heavy taxes
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Samsung Electronics Flags 58.1% Jump In Q3 Operating Profit
Samsung Electronics is crucial to South Korea's economic health
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Bank profits to grow steadily in Pakistan: Moody’s
Profit growth will come from increasing lending to government at high rates
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Despite tough economic reforms in Pakistan, banks’ profit soars
Spreads are widening since SBP started increasing benchmark interest rate
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Huawei first-half revenue up about 30% despite US ban
Even though, it is a slowdown from 39% in the first three months of 2019
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PSX reports 10% decline in profit for Jul-Mar FY19
Decrease comes on the back of drop in revenue, mainly due to dip in service charges
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SNGPL’s profit jumps 37% to Rs2.6b in Jul-Sept 2018 quarter
Board of directors declares interim cash dividend of Rs1.5 per share
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DG Khan Cement’s profit skyrockets 81.5% to Rs1.3b
Rise comes on back of robust revenues due to new production line