News

COLG declares Rs35 dividend

Colgate-Palmolive (Pakistan) Limited (PSX: COLG) reported a steady 1% increase in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs18.63bn compared to Rs18.40bn in the preceding year. Alongside the financial results, the company announced a cash dividend of Rs35 per share. Reflecting this bottom-line growth, the company's basic and diluted earnings per share (

July inflation rises 9.2% YoY

The National Consumer Price Index for July 2026 increased by 9.2% on year-on-year basis in July 2026 as compared to an increase of 11.1% in the previous month and 4.1% in July 2025. On month-on-month basis, it increased by 1.2% in July 2026 as compared to a decrease of 0.3% in the previous month and an increase of 2.9% in July 2025, according to data released by the Pakistan Bureau of Statistic

LSE Capital plans Rs500mn IPO for third SPAC

After launching Pakistan’s first two special purpose acquisition companies, LSE Capital plans to list LSE SPAC-III on the Pakistan Stock Exchange (PSX), aiming to raise Rs500 million to fund future acquisitions. “After the successful IPOs of SPAC-I and SPAC-II, LSE Capital has also submitted the IPO application/draft prospectus for the PSX listing of LSE SPAC-III,” read the notice to the bourse

Pakistan’s Ghandhara Tyre approved for exports to six Gulf countries

Ghandhara Tyre & Rubber Company Limited (GTYR) has received Gulf Standardisation Organisation (GSO) certification, enabling the company to export its tyre products to six Gulf Cooperation Council (GCC) countries. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday. “We are pleased to inform our valued shareholders that GTR Tyres has been of

Mari Energies issues Letter of Award for Spinwam gas supply contract

Mari Energies Limited, formerly known as Mari Petroleum Company Limited (MARI), has awarded a contract to Universal Gas Distribution Company (Pvt) Ltd for the sale of up to 17.5 million standard cubic feet per day (MMscfd) of gas from the Spinwam Gas Discovery, issuing a Letter of Award after inviting bids on May 15, 2026. The listed company disclosed the development in its notice to the Pakist