News

LOTCHEM 1HCY26 profit jumps over fivefold

Lotte Chemical Pakistan Limited's (PSX: LOTCHEM) profit after taxation more than fivefold to Rs4.31bn for the half-year ended June 30, 2026, compared to Rs741.78m in the corresponding period last year. Earnings per share climbed in tandem, reaching Rs2.85 against Rs0.49 in 1HFY25. Revenue from contracts with customers grew 11.28% year-on-year to Rs44.71bn from Rs40.18bn, while cost of sales

Stylers International boosts production capacity by 14%

Stylers International Limited (PSX:STYLERS) has increased its operational production capacity by 5,000 pieces per day. This represents an approximately 14% rise over the Company's existing capacity. The increase forms part of the capacity expansion plan approved by the Board of Directors at its meeting held on February 26, 2026, and has been achieved through the continued operational ramp-up

Big Bird Foods bags Gulf halal poultry export order

Big Bird Foods Limited (PSX:BBFL) has secured a significant export order from a Gulf-based halal food company for the supply of raw chicken and further processed poultry products, a move expected to nearly double the company's current export volumes. The company has stated that additional upside potential exists as production capacity is expanded and further product categories are introduced.

CFA Society Pakistan launches analyst guide for banking sector

CFA Society Pakistan has launched the first edition of the "Analyst Guide: Banking Sector", a comprehensive publication aimed at strengthening practical knowledge of Pakistan's banking industry for investment professionals, researchers, students, regulators, and financial journalists. Authored by Asif Ali Qureshi, CFA, the guide provides a structured framework for analyzing banking companies, f

Stocks stumble, oil set for weekly gain on renewed Gulf hostilities

Asian stocks got off to a rocky start on ​Friday as the drag from chipmakers weighed on global equity indexes, while oil prices were set for their sharpest weekly rise ‌in three months as tensions in the Middle East erupted anew. Investors this week rotated out of semiconductor plays into other sectors such as banking after robust earnings from major lenders, leaving Asia vulnerable to the sell