BankIslami Profit Plunges 65% in Q1 2026: Complete Financial Breakdown

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BankIslami Pakistan Limited (PSX: BIPL) just announced a massive 65% decline in its consolidated profit after taxation for the first quarter. Profit plunged to Rs.…

NBP 350% Dividend: When Will Shareholders Actually Get Paid?

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Shareholders of the National Bank of Pakistan (NBP) are still waiting for their record dividend payout. Nearly two months ago, the bank announced a historic…

Former Shell Executive Jawwad Ahmed Cheema Appointed as New CEO of PSO

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Pakistan State Oil Company Limited (PSO) has appointed Mr. Jawwad Ahmed Cheema as its new Chief Executive Officer (CEO). The company formally notified the Pakistan…

Record-Breaking PSX Rally: KSE-100 Index Surges Over 12,000 Points After US-Iran Ceasefire

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Today, the Pakistan Stock Exchange (PSX) experienced a monumental rally. Investors reacted enthusiastically to the positive news of a ceasefire between the United States and…

Sazgar Engineering Announces Re-Appointment of CEO & Massive Rs. 22 Billion SUV Expansion Plan

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Sazgar Engineering Works Limited (PSX: SAZEW) is moving aggressively to dominate the local automotive market. Today, the company announced a major leadership transition and a…

CCP Recovers Rs 40M After Major Pharma Distribution Monopoly Exposed

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The Competition Commission of Pakistan has recovered Rs. 40 million in penalties from two pharmaceutical distributors who entered into a non-compete agreement that effectively removed…

Tribunal Upholds Rs. 40M CCP Penalty Against Medicine Distributors UDPL & IBL

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The Competition Appellate Tribunal (CAT) has officially upheld a cumulative Rs. 40 million penalty against two prominent medicine distributors. Yesterday, the tribunal validated the Competition…

JS Bank Profit Plunges 44% in FY2025: Complete Financial Breakdown

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Today, February 24, 2026, JS Bank Limited (PSX: JSBL) announced its financial results for the year ended December 31, 2025. The bank posted a profit…

Bank of Punjab to Inject Rs 1 Billion into Exchange Subsidiary to Boost Growth

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The Bank of Punjab (BOP) has approved Rs 1 billion in capital for its subsidiary, BOP Exchange Private Limited, to strengthen its finances and support…

Mitsubishi Corporation to Sell Entire 11% Stake in Engro Polymer & Chemicals

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Mitsubishi Corporation (MC) has officially announced its decision to divest its shareholding in Engro Polymer & Chemicals Limited (EPCL). The Japanese corporation currently holds an…

Engro Energy Sells 18.53% of EPQL Shares, Keeps Majority Ownership

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Engro Energy Limited has reduced its stake in Engro Powergen Qadirpur Limited by selling 18.53% of its shares for Rs 1.5 billion, according to a…

Service Group Enters Auto Sector with $80 Million Tyre Manufacturing Project

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The Service Group has announced an $80 million investment to set up a passenger car tyre manufacturing plant in Nooriabad, Sindh, marking its entry into…

Clover Pakistan Announces 10:1 Stock Split on PSX

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Clover Pakistan Limited (PSX: CLOV) has announced a proposed 10-for-1 stock split, as per a filing submitted to the Pakistan Stock Exchange on Thursday. The…

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