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Millat Tractors’ Profit Declines by 38% in FY23

Millat Tractors Limited (PSX: MTL) announced its financial result for the period ended FY23 whereby the company’s unconsolidated Profit After Tax (PAT) stood at Rs. 3.378 billion, down 38 percent YoY compared to PAT of Rs. 5.407 billion in the same per…

Bringing economic stability top priority of govt: PM

Caretaker Prime Minister Anwaar-ul-Haq Kakar says bringing economic stability in the country is foremost priority of the government.In an interview with the US-based weekly magazine Newsweek, he said a comprehensive economic revival plan is in force i…

Fatima Fertilizer to Invest Over Rs. 7.6 Billion in REITs

Fatima Fertilizer Company Limited (PSX: FATIMA) has accorded its approval for investing Rs. 7.662 billion in Real Estate Investment Trusts (REITs), the company informed the Pakistan Stock Exchange on Friday.According to the stock filing, the following…

Currency Dealers Unhappy With Banks Replacing Exchange Companies

Currency dealers warned that replacing existing money exchange companies could backfire and allow banks to abuse the situation by manipulating the exchange rate.Authorities have stated that they are under pressure to close down exchange companies beca…

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