e& today announced its consolidated financial results for the fiscal year 2022 reporting impressive growth in consolidated net profit by a record 7.4 percent to AED 10.0 billion. Consolidated revenues reached to AED 52.4 billion, a growth of 4.7 percent year-over-year, at constant exchange rates, underpinned by the Group’s successful business transformation, expanding to new […]

Friesland Campina Engro Pakistan Limited (FCEPL) announced its financial results for the year ended December 31, 2022. Building upon the growth trajectory, FCEPL delivered another record year with highest ever topline and operating profit of PKR 73.5 Billion and PKR 5.3 Billion respectively. The topline grew by 41% over last year driven by volume growth, […]

OCBC Bank announced the appointment of Mr Sunny Quek as the Head of Global Consumer Financial Services with immediate effect. Reporting to the Group Chief Executive Officer, Mr Quek will lead the consumer banking and wealth management businesses in Singapore, Malaysia, Indonesia, and Greater China. The consumer banking wealth management business is managed under the […]

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on October 17, 2022, approved the bank’s financial results for the nine months that ended September 30, 2022. The Bank announced a profit after taxes of PKR 14.090 billion. The Bank’s Earning Per Share stood at Rs. 7.93 (Sep 21: Rs. 5.90). […]

PTCL Group, the country’s leading telecom and ICT services provider, has announced its financial results for the nine months ended September 30, 2022, at its Board of Directors’ meeting held in UAE on October 13, 2022.   PTCL Group remained on the growth trajectory during the third quarter as its fixed and wireless streams continued to perform positively. […]

Pakistan’s volatile macroeconomic situation during the current fiscal year and its exchange rate fluctuations impacted Telenor Pakistan’s performance during the second quarter of 2022. Despite the economic challenges, Telenor Pakistan reported a revenue of PKR 26.7 billion, up by PKR 104 million from Q2 last year. The company reported YoY growth of +1.8% in subscription […]

BankIslami Pakistan Limited announced its financial results for the quarter ended March 31, 2022. Underpinned by growth in customer base, increase in income levels and improvements in cost efficiency, BankIslami’s underlying operating profit before provisioning for 1Q22 registered an increase by 95.8% i.e.  increase from Rs. 684 Mn recorded during 1Q21 to Rs. 1,339 Mn […]

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 26, 2022, revealed BAFL’s financial results for the quarter ended March 31, 2022. The Bank’s impressive performance for 2022 is an endorsement of its customer centricity and product innovation driven by the growth strategy. The growth trajectory continued in the […]

FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for Q1 on April 20, 2022. The Company reported revenue of PKR 14 billion in the first quarter, showcasing 20.7% growth versus last year. The growth was led by improvement in the portfolio mix, coupled with an increase in volumes of both, the Dairy & Beverages […]

  The country’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL), posted a significant 7.3% growth in its revenues, owing to a robust commercial strategy that cements its market standing. The company has announced its financial results for the nine months period ended on September 30, 2021, at its Board of Directors’ […]