EBIT falls 19%, Capex surges, modest subscriber growth & digital lending expands BeNewz Report ISLAMABAD: Jazz Pakistan delivered strong revenue and EBITDA growth in the second quarter of 2026, but the headline performance masked several pressure points, including a sharp decline in EBIT, higher capital spending, modest subscriber growth and rapidly …
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Aftab Maken ISLAMABAD: Pakistan Telecommunication Company Limited reported a sharp rise in revenue and profit during the first half of 2026, but escalating operating costs, finance charges and heavy cash outflows remain major concerns. Pakistan Telecommunication Company Limited posted a consolidated profit of Rs 4.67 billion for the six months …
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Aftab Maken ISLAMABAD: Pakistan’s merchandise trade deficit widened by more than 21 percent during fiscal year 2025-26, reaching $39.47 billion, as import growth significantly outpaced exports, according to provisional trade statistics released by the Pakistan Bureau of Statistics (PBS). The data showed that the cumulative trade deficit for the period …
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–Pakistan transfers management control of PIA to investor consortium after completing the first financial closing of the Rs180 billion privatisation transaction BeNewz Report ISLAMABAD: The Government on Monday transferred management control of Pakistan International Airlines Corporation Limited–PIACL–to an investor consortium led by Arif Habib Corporation Limited after successfully achieving the first …
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