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Category: PSX

Corporate announcements on Pakistan Stock Exchange (PSX)

Pakistan’s textile sector exports decline by 11%

March 20, 2023

KARACHI: Pakistan’s textile sector exports declined by 11% in 8MFY23 (July-February 2022-23) to stand at US$11.2bn vs. US$12.6bn in the same period last year….

Meezan Bank & Fieldfisher Capital join hands to provide Islamic Finance Advisory to Europe & Middle East

March 15, 2023

KARACHI: Meezan Bank, Pakistan’s leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) – a multi-disciplinary advisory…

Shell Pakistan announces financial results for 2022

March 15, 2023

KARACHI: Board of Directors of Shell Pakistan Limited (SPL) announced the company’s financial results for the year ended December 31st, 2022.  The company posted…

Profit repatriation from Pakistan declines to all-time low at $2.9mn per month

March 15, 2023

KARACHI: Profit repatriation out of Pakistan has declined from average $135 million/month during FY22 to $30 million/month during 7MFY23 (July-January 2022-23) over efforts to…

Pakistan’s Large Scale Manufacturing Industries (LSMI) output increased 1.5%

March 15, 2023

Pakistan’s Large Scale Manufacturing Industries (LSMI) output increased 1.5% on MoM basis while down 7.9% YoY during Jan’23, according to data released by Bureau…

Pakistan’s car sales decline 40% amidst muted demand

March 14, 2023

KARACHI, PAKISTAN: Pakistan Automotive Manufacturing Association (PAMA) has released the sales and production data for the month of Feb’23, where car sales are down…

Pakistan’s food companies post 23% profitability growth in CY22

March 7, 2023

KARACHI: Pakistan’s listed food companies’ annual revenues have expanded by 34% YoY, which analysts believe is a result of higher unit prices. To recall,…

Pakistan Stock Exchange’s benchmark KSE-100 Index profitability grows by 12%

March 7, 2023

KARACHI, PAKISTAN: The bottom-line profitability of Pakistan Stock Exchange (PSX) benchmark KSE-100 index grew by 12% YoY in 1HFY23 to Rs522 billion. Index heavyweight,…

Pakistan Petroleum Limited clinches Corporate Philanthropy Award

March 7, 2023

KARACHI, PAKISTAN: Pakistan Petroleum Limited (PPL) has once again been adjudged as one of the largest corporate givers by volume of donations for 2020-21…

SECP proposes Shariah Governance Regulations 2023

March 3, 2023

ISLAMABAD, PAKISTAN: The Securities and Exchange Commission of Pakistan (SECP) has issued draft Shariah Governance Regulations, 2023, primarily to remove bottlenecks in product development…

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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