News

FBL earns Rs10.8bn PBT in Q126

Faysal Bank Limited (FBL) delivered a sound and resilient financial performance in the first quarter of 2026, reporting Profit Before Tax (PBT) of Rs 10.8 billion and net profit of Rs 5.2 billion, translating into Earnings Per Share (EPS) of Rs 3.40. The Bank also declared an interim cash dividend of Rs 1.5 per share (15 percent), reflecting confidence in its performance and outlook. FBL mainta

PSMC begins exporting Suzuki Cultus parts to Thailand

Pak Suzuki Motor Company Limited (PSMC) on Thursday announced that it has successfully begun exporting body parts of the Suzuki Cultus to Thailand, marking its first such export to the Thai market. In an official communiqué, the company said it had achieved another significant milestone by exporting body parts to Southeast Asian Nations. This development reflects Pak Suzuki’s growing contrib

MCB Bank reports resilient performance for Q1 with 90pc dividend payout

MCB Bank Limited is pleased to announce its financial results for the quarter ended March 31, 2026, reflecting resilient performance supported by strong fundamentals, disciplined execution, and balance sheet strength amid a challenging macroeconomic environment. The Board of Directors of MCB Bank, under the Chairmanship of Mian Mohammad Mansha, reviewed and approved the Bank’s financial stateme

Nestlé Pakistan delivers healthy growth in Q1 2026

Nestlé Pakistan net sales for the three-month period ended March 31, 2026, amounted to PKR 54 billion, representing a healthy growth of 7.2 percent, said the results announced at a meeting of the Board of Directors. The sales performance was driven by accelerated investment behind the brands, and targeted trade executions, capitalizing on Ramazan and Eid occasions, the meeting was informed whic

Asia shares mixed, oil advances on US-Iran deadlock

Asia shares struggled on Friday and oil prices resumed their rise, as a shaky ceasefire in the Middle East war and stalled ​US-Iran peace talks gave investors little to cheer. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3% and was set to end ‌the week with a 0.8% gain, while Japan’s Nikkei added 0.45% and stocks in South Korea, China and Hong Kong fell. Nasdaq futures a