The company said on Thursday that Toyota Motor expects its operating profit to decrease by 20 % in the current fiscal year due to the weakest US dollar impact and uncertainty surrounding President Donald Trump’s definitions. The world’s largest car maker expected 3.8 trillion yen ($ 26 billion) for the year ending in March 2026, … Read more
The banks listed in Pakistan witnessed a 14 % increase in profitability on an annual basis during the first quarter of 2025 (1Q2025), as it amounted to 173 billion rupees. Topline. The net interest revenues in the sector (NII) increased by 23 % year on an annual basis to 536 billion rupees, driven by volumetric … Read more
Unity Foods Limited (PSX: Unity) reported a net profit of 1.09 billion rupees for the nine months ending March 31, 2025, which represents a sharp shift from a net loss of 1.21 billion rupees in the same period last year. The arrow’s profit (EPS) has increased for a period of nine months to 0.92 rupees, … Read more
A group of ten former Openai staff has submitted a legal summary on Friday to support Elon Musk’s lawsuit against Openai, which represents another escalation in the battle over the future direction of the pioneer of artificial intelligence. Former employees, who have held technical and leadership roles in Openai, have argued that removing the role … Read more
April 7, 2025: The public insurance sector in Pakistan (non -life) recorded a remarkable increase by 35 % on an annual basis (YO) in profits during the year 2024, reaching 17.4 billion rupees. This growth rate exceeds the five -year compound growth rate (CAGR) of 19 %, according to a report published by Topine Securities. … Read more
Openai must restructure as a profit company by the end of the year to secure a full -term financing round worth $ 40 billion led by SoftBank, according to a source familiar with the matter. The start of the artificial intelligence, currently supported by Microsoft, is currently in the final stages of capital education. Softbank … Read more
Karachi: Al -Ghazi Jarrat Limited (PSX: AGTL) recorded a profit after a tax of 3.54 billion rupees in 2024, which reflects an increase of 35.63 % on an annual basis (YOY) from 2.61 billion rupees in the same period last year, according to the financial statement of the company on Tuesday. The arrow’s profits (EPS) … Read more
The oil marketing companies sector in Pakistan recorded an increase in profits by 39 % on an annual basis during the first half of the fiscal year 2025 (1HFY25), reaching 18.2 billion rupees compared to 13.2 billion rupees in the same period last year. The increase in profitability was largely driven by lower financial costs … Read more
Islamabad: On Monday, the Federal Minister of Trade, Kamal Khan, stressed the importance of cooperation between the industry and the government, which can play an important role in stabilizing the economy and forming future trade policies. He was speaking at the pre -budget symposium, organized by the Ministry of Commerce, which provided a platform for … Read more
Did you know that stocks have been present for more than 400 years? The first shares were issued by the Dutch East India Company in 1602, which changes the way people invested forever! But how did this happen? What is the relationship of ships, spices and risky trips? Discover in the latest episode of Profit … Read more