FrieslandCampina Engro Pakistan Reports Financial Results for 2024

FrieslandCampina Engro Pakistan Limited (FCEPL) has released its financial results for the year ending December 31, 2024. The company recorded a 7% increase in net sales, reaching Rs. 107 billion. Strong brand initiatives and growing consumer awareness fueled growth in the first half of the year. However, an 18% sales tax on packaged UHT milk, …

ENGRO Corporation Delisted from Pakistan Stock Exchange

The Pakistan Stock Exchange (PSX) has officially delisted Engro Corporation Limited (ENGRO). The delisting took effect on Tuesday, January 14, 2025. The PSX announced the delisting in a formal notification. The decision follows the implementation of a Scheme of Arrangement. This scheme involved the merger of Engro Corporation Limited (ENGRO) with Engro Holdings Limited (ENGROH). …

PSX Starts 2025 with Record 1,900-Point Surge

KARACHI: The Pakistan Stock Exchange (PSX) started the new year with a record-breaking rally. The KSE-100 Index closed above the 117,000 mark after gaining nearly 1,900-point surge on Wednesday. The KSE-100 Index gained 1,881.18 points, closing at 117,008.08, marking a 1.63% increase. The index hit an intra-day high of 117,341.03, supported by strong local buying …

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