Lucky Cement Posts Rs48bn Profit in 1HFY26 with Improved EPS and Revenue Growth
Lucky Cement Limited reported a profit after tax of Rs48.03 billion for 1HFY26, up 10.36% year-on-year, supported by higher revenues, lower finance costs, and stronger income from joint ventures.
Pakistan Airlines Privatisation: Arif Habib Consortium Secures Rs135 Billion Bid
The Arif Habib consortium wins the Rs135 billion bid for Pakistan International Airlines, marking the country’s first major privatisation in nearly 20 years and promising fleet expansion, investment, and operational turnaround.
PIA Privatisation: Arif Habib, Lucky Cement, and Air Blue Submit Bids in Televised Auction
Pakistan International Airlines (PIA) receives three bids in its second televised privatisation attempt, with Arif Habib-led consortium offering Rs115 billion, Lucky Cement consortium Rs101.5 billion, and Air Blue Rs26.5 billion.
PSX Suffers 2,000-Point Drop as Profit-Taking and Weak Bank Earnings Weigh on Sentiment
The Pakistan Stock Exchange (PSX) experienced a turbulent session on Thursday, with the KSE-100 index plunging nearly 2,000 points due to widespread profit-taking ahead of the futures rollover week and lackluster bank earnings that dampened investor confidence.