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PAC orders scrutiny of bodies refusing audit by AGP - Pakistan - Vimarsana News

PAC orders scrutiny of bodies refusing audit by AGP - Pakistan

PTCL, which is among the entities that refused audit, still owes govt $800m, says PAC chairman.

Source: dawn.com
Violations of Companies Act: SECP imposes huge penalties on textile, other cos - Business & Finance - Vimarsana News

Violations of Companies Act: SECP imposes huge penalties on textile, other cos - Business & Finance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has imposed huge penalties on textile...

Stocks extend overnight losses - Newspaper - Vimarsana News

Stocks extend overnight losses - Newspaper

KARACHI: Stocks remained subdued on Monday for the second consecutive session as the 47,000-point barrier again proved a tough nut to crack. Trading started on a dismal note with the KSE 100-share index barely moving as investors were undecided on the direction of the market. The trend remained choppy with the index swaying between intraday low of 247 points and high of 168 points. The benchmark settled with a loss of 184 points, or 0.39 per cent, at 46,721.87. The figures released by the National Clearing Company of Pakistan in the evening showed foreign selling of stocks worth $1.36m. Amon...

Source: dawn.com
Pak Datacom Survives Despite 95% Profit Downturn in FY 2019-20 - Vimarsana News

Pak Datacom Survives Despite 95% Profit Downturn in FY 2019-20

Pak Datacom Survives Despite 95% Profit Downturn in FY 2019-20 The telecommunication services company, Pak Datacom Limited, is one of the corporations that went through a crisis to maintain its businesses, which is evident from its profitability going down by 95 percent in the financial year 2019-20. According to the annual report of PDL, the net profit declined from Rs. 143.018 million to Rs. 7.413 million. This was mainly due to the COVID-19 pandemic, which resulted in a countrywide lockdown and affected the special business projects of the company. ALSO READ The net profit translated into ...