Connect with us

Corporate News

MCB Bank Reports Rs55.1bn PBT

MCB Bank Reports Rs55.1bn PBT, Dividend Raised to Rs18 Per Share

MCB Bank Ltd reported a profit before tax of Rs55.1 billion and profit after tax of Rs26.5 billion for the half year ended June 30, 2026, while earnings per share were recorded at Rs22.34. On a consolidated basis, PBT and PAT were reported at Rs58.8 billion and Rs28.1 billion, respectively. The financial statements were reviewed and approved by the board, chaired by Mian Mohammad Mansha. A second interim cash dividend of Rs9 per share was declared, taking the cumulative 2026 dividend to Rs18 per share.

Share on:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate News

Synergy Group Wins Seven Dragons

Synergy Group secured seven Honors at the Dragons of Pakistan 2026 Awards, earning three Gold, two Silver and two Bronze Dragons. The awards recognized campaigns developed by Synergy Advertising and Synite Digital for Pakistan State Oil and KFC Pakistan. Synergy Advertising won five awards for PSO’s Safety Starts Young, Made in Pakistan and Blaze Xtreme campaigns. Pakistani entries were evaluated by independent international judging panels through a merit-based process.

Share on:
Continue Reading

Corporate News

Pakistan-Made Suzuki Cars Enter Brunei

Pakistan’s auto industry has achieved a major export milestone as Pak Suzuki Motor Company-made Alto and Every models were launched in Brunei. Suzuki said this marks its first export from an overseas production base of models matching the body size and engine specifications of Japanese mini-vehicles. The launch expands Suzuki’s automobile lineup in Brunei. Distributor Boustead will also begin selling Suzuki motorcycles in the country around autumn 2026.

Share on:
Continue Reading

Corporate News

PTA Fines Jazz Rs38.9m

The Pakistan Telecommunication Authority (PTA) has fined Jazz Rs38.9 million over alleged violations involving approximately 400 corporate postpaid SIMs. Target Marketing claimed the SIMs were issued in its name without its consent and remained operational without its knowledge. The company also reportedly received a recovery notice for Rs626,360.48 in outstanding dues. PTA directed Jazz to deposit the penalty within 30 days, warning that failure to comply could trigger further legal proceedings.

Share on:
Continue Reading

Trending