FrieslandCampina Engro Pakistan Limited posts strong financial results in Q1, 2022
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…
Adil Aziz
Aptma urges government to announce Rs 8,000 Per Maund as Cotton Support Price
Pakistan is losing at least $ 5 billion directly on account of low production of cotton. Increase in cotton production will have a direct impact of $ 1 billion per 1 million bales and a 7 times multiplier impact on the fiscal flows in economy. Cotton provides livelihood and employment to millions of the poor…
HBL Q1 2022 Profit rises to Rs. 14.6 billion driven by strong business volumes
HBL today declared a consolidated profit before tax of Rs. 14.6 billion for the first quarter of 2022 and a profit after tax of Rs. 8.6 billion, both higher than in the same period last year. The Q1’22 results include a one-time severance charge of Rs. 2.6 billion. Excluding the impact of this one-time charge,…
MMBL partners with BaKhabar Kissan to foster a smart digital ecosystem for its growing Agri-customers across Pakistan
Pakistan’s largest digital bank, Mobilink Microfinance Bank Ltd (MMBL) has partnered with BaKhabar Kissan (BKK), a leading agri-tech enterprise that provides advisory services to small and medium farmers across the country. Through this strategic alliance, smart digital financial and agri-tech solutions will be offered to MMBL’s growing base of agri-customers to help farmers identify, assess…
Simultaneous recruitment of 50,000 schoolteachers proves Sindh govt, PPP leadership stand fully committed to cause of education: Saeed Ghani
Sindh Information and Labour Minister, Saeed Ghani, said that the recruitment of 50,000 schoolteachers at a time in the province on meritorious grounds proves the commitment of Sindh government and the top leadership of the ruling Pakistan People’s Party to the cause of education. The Sindh Information and Labour Minister stated this on Monday while…
Bank AL Habib declares Rs. 4.96 billion profit after tax
The Board of Directors of Bank AL Habib Limited (the Bank) announced the Bank’s financial results for the period ended 31 March 2022. The Bank posted profit after taxation of Rs. 4.96 billion i.e. an increase of 7.88 percent compared to corresponding period last year. The Bank’s profit before tax was recorded at Rs.8.18 billion,…
AACSB’s ‘Innovations That Inspire’ initiative recognizes Suleman Dawood School of Business at LUMS
The Association to Advance Collegiate Schools of Business (AACSB), the world’s largest business education alliance, has featured the Suleman Dawood School of Business (SDSB) in its Innovations That Inspire member spotlight programme. SDSB is one of 24 business schools worldwide to receive this honourable recognition this year for its Women’s Scholarship Initiative. The SDSB Women’s…
SECP announces third cohort under its Regulatory Sandbox
The Securities and Exchange Commission of Pakistan (SECP) has announced the launch of third cohort of its Regulatory Sandbox. The deadline for applications submission is May 31, 2022. The Regulatory Sandbox – now successfully entering its third edition – is a tailored regulatory environment that allows entities to conduct limited scale live tests of innovative…
realme 9 Pro+ Opens for Pre-orders with a Rapturous Photo Exhibition
Pre-order realme 9 Pro+ starting from Monday, April 18, 2022 and avail an exclusive pre-booking gift The realme number series has long been known as the embodiment of realme’s spirit of tech democratization. Constantly raising the bar with each release, realme has started to cement itself in the minds of consumers as a brand that…
The high tech cricket app company CricksLab signed an agreement with Kuwait Cricket Association to Digitalize their Cricket
CricksLab will help Kuwait Cricket Association to digitalize their matches with Powerful Digital Technology CricksLab signed an agreement with Kuwait Cricket Association to Digitalize their Cricket matches. The platform will provide all the digital support such as advanced live-scoring, insight, international quality live streaming, match stats and engagement across the globe. CricksLab is available in…