Systems Limited Reports Rs9.08 Billion Profit as Nine-Month Revenue Rises 33 Percent
Systems Limited reported Rs9.08 billion in consolidated nine-month profit as revenue grew 33.2 percent, with operating profit rising more slowly than sales.
Pakistan business, companies, markets, investment and industry news.
Systems Limited reported Rs9.08 billion in consolidated nine-month profit as revenue grew 33.2 percent, with operating profit rising more slowly than sales.
Meezan Bank, HBL, MCB and Bank Alfalah reported approximately Rs201 billion in combined nine-month profits, while industry lending growth remained modest compared with rising deposits.
Pakistan’s three listed refineries reported sharply higher July–September profits, supported by refining margins and inventory gains, although the exceptional performance may not continue in future quarters.
Pakistani textile manufacturers warn that closer EU–India trade arrangements could weaken the country's preferential market advantage as exporters face high production costs.
Pakistan and Qatar reviewed opportunities to expand bilateral trade and investment in Doha, including proposed working groups and discussions around a GCC free trade agreement.
The Gabd–Rimdan crossing in Gwadar reopened on October 24 following a weeklong suspension, allowing cross-border cargo movements to resume under applicable documentation restrictions.
Bestway Group has introduced Geely Auto in Pakistan with three electric and electrified vehicles, alongside plans for dealerships, charging support and future local assembly.
A federal task force has asked export-oriented manufacturers to propose measures to improve productivity, quality and access to overseas markets.
Pakistan has inaugurated upgraded agricultural testing laboratories in Karachi to strengthen crop protection, pesticide quality control and compliance with international agricultural trade standards.
Federal Investment Minister Qaiser Ahmed Sheikh has called for stable policies, predictable regulations and stronger private-sector cooperation to attract capital.
Commerce Minister Jam Kamal Khan has identified opportunities to expand Pakistani exports to Maldives in food, pharmaceuticals, textiles and other sectors.
SBP has updated equity investment limits for banks and DFIs, including investments in companies, startups, mutual funds, REITs and private equity.
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