MG Morning Breeze: Updates to Skim before Market

October 23, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Pakistan, QatarEnergy to discuss LNG supply cuts amid weaker demand

Pakistan and QatarEnergy are planning key talks for next week as Pakistan seeks to scale back liquefied natural gas (LNG) imports for next year amid weakening domestic demand, as Bloomberg reported. Read more

• PTL posts Rs282.56m profit

Panther Tyres Limited (PSX: PTL) has reported its financial results for the first quarter ended September 30, 2025 (1QFY25), posting a net profit after taxation of Rs282.56 million, up significantly by 314.4% from Rs68.19m in the same period last year (SPLY). Read more

• MCB Bank's 9MFY25 profit declines 15.5%

MCB Bank Limited (PSX: MCB) reported a profit after taxation of Rs44.63bn for the nine months ended September 30, 2025, down 15.5% from Rs52.82bn in the corresponding period last year. Read more

• PIBTL swings to Rs616.5m profit in 9M2025

Pakistan International Bulk Terminal Limited (PSX: PIBTL) has reported its financial results for the nine months ended September 30, 2025, posting a net profit of Rs616.52m, a remarkable turnaround from a net loss of Rs297.89m in the same period last year (SPLY). Read more

• Pakistan Customs foils attempts to illegally import Indian-origin goods

The Collectorate of Customs Appraisement (West) Karachi has successfully detected and thwarted multiple attempts to illegally import Indian-origin goods into Pakistan through misdeclaration of country of origin, in violation of the provisions of the Import Policy Order. Read more

• Fauji Foods' 9MFY25 profit surges 69%

Fauji Foods Limited (PSX: FFL) reported a profit after tax of Rs945.2m for the nine months ended September 30, 2025, up 69% from Rs560.2m in the corresponding period last year. Read more

• Oil prices climb on hopes of U.S.-India trade breakthrough

Oil prices extended gains on Wednesday, climbing for a second straight session, as optimism grew over a potential trade agreement between the United States and India that could reshape global crude flows. Read more

• PSX Closing Bell: Bears Edge

The benchmark KSE-100 Index concluded Wednesday's trading session at 166,553.27, showing a decrease of 793.56 points or 0.47%. Read more

• Kohinoor Energy's quarterly profit drops 55%

Kohinoor Energy Limited (PSX: KOHE) reported a profit after tax of Rs139.5m for the quarter ended September 30, 2025, down 55.5% from Rs313.4m in the corresponding quarter last year. Read more

• PKR strengthens modestly as USD settles at 281.05

The Pakistani rupee (PKR) appreciated by 0.92 paisa against the US dollar in Wednesday's interbank session to settle the trade at PKR 281.05 per USD, compared to previous closing of 281.06. Read more

• Soneri Bank profit slides 31% to Rs3bn in 9MFY25

Soneri Bank Limited (PSX: SNBL) has revealed its financial results for the nine months ended September 30, 2025, reporting a profit after tax (PAT) of Rs3.30bn, down 30.7% from Rs4.77bn in the same period last year (SPLY). Read more

• Biafo Industries reports stellar profit surge in Q1 FY26

Biafo Industries Limited (PSX: BIFO) has reported exceptional financial results for the quarter ended September 30, 2025, posting a substantial jump in profitability, driven by massive top-line growth and improved operational efficiency. Read more

• Pakistan plans Eurobond return in 2026

Pakistan is preparing to re-enter international capital markets in 2026 with the issuance of a Eurobond under its Global Medium-Term Note (GMTN) program. Read more

• Pakistan to embed social inclusion, accountability in national development agenda

Pakistan is set to make social inclusion and institutional accountability core components of its national development strategy to promote transparency, citizen participation, and sustainable governance. Read more

• EPQL profit plunges 70% to Rs851m in 9MFY25

Engro Powergen Qadirpur Limited (PSX: EPQL) has revealed its financial results for the nine months ended September 30, 2025, reporting a profit after tax (PAT) of Rs851.1m, marking a 70.4% decline from Rs2.87 billion recorded in the same period last year (SPLY). Read more

• CCP approves acquisition of FLSmidth Cement by Corsica Buyer ApS

The Competition Commission of Pakistan (CCP) has approved the acquisition of FLSmidth Cement by Corsica Buyer ApS under a global Share Purchase Agreement, said a press release issued today. Read more

• Ghandhara Industries profit surges to Rs1.6bn

Ghandhara Industries Limited (PSX: GHNI) reported a profit after tax of Rs1.58bn for the quarter ended September 30, 2025, surging 2.5 times from Rs638.6m in the corresponding period last year. Read more

• NCCPL to collect CGT on October 30

The National Clearing Company of Pakistan Limited (NCCPL) will collect Capital Gains Tax (CGT) from clearing members and asset management companies for transactions conducted during September 2025. Read more

• Ghandhara Automobiles posts Rs1.7bn profit in Q1FY25

Ghandhara Automobiles Limited (PSX: GAL) has reported a strong financial performance for the quarter ended September 30, 2025, posting a net profit of Rs1.67bn, compared to Rs601.18m in the same period last year (SPLY), a 2.8x increase YoY. Read more

• HRPL trims quarterly loss by 68% in 1QFY25

Habib Rice Product Limited (PSX: HRPL) has reported its financial results for the first quarter ended September 30, 2025 (1QFY25), reporting a net loss of Rs18.36 million, down 68.1% from a loss of Rs57.63m in the same period last year (SPLY). Read more

• Gold price in Pakistan falls Rs7,538 per tola

Gold price in Pakistan decreased on Wednesday, with 24-karat gold being sold at Rs437,362 per tola, down Rs7,538. Read more

• PNSC subsidiary acquires 50,000-ton tanker vessel

Quetta Shipping Company (Pvt) Ltd., a wholly owned subsidiary of Pakistan National Shipping Corporation (PSX: PNSC), has signed a Memorandum of Agreement to purchase an MR-II class tanker vessel named M.T. Stavanger Poseidon, according to a notice sent to the Pakistan Stock Exchange (PSX). Read more

• NBP, NCCPL sign strategic partnership to boost banking, capital markets integration

The National Bank of Pakistan (NBP) and the National Clearing Company of Pakistan Limited (NCCPL) have signed a memorandum of understanding (MoU) aimed at strengthening collaboration between the banking sector and capital markets. Read more

• Pakistan to launch first national esports policy to boost gaming industry

Pakistan is set to introduce its first national esports policy and establish a dedicated federation to support the country’s rapidly expanding gaming sector. Read more

• Pakistan consolidates economic stability: FM

Pakistan’s economy is showing signs of consolidation and renewed investor confidence following a year of policy discipline, fiscal stabilization, and successful engagement with the IMF, Finance Minister Senator Muhammad Aurangzeb said in an interview with CGTN America. Read more

• EPCL posts around Rs3.5bn loss for 9MFY25

Engro Polymer & Chemicals Limited (PSX: EPCL) has shared its financial results for the nine months ended September 30, 2025, reporting a net loss of Rs3.45bn, compared to a loss of Rs2.29bn in the same period last year (SPLY), a 50.9% increase in losses YoY. Read more

• IGI Holdings eyes complete acquisition of Akzo Nobel Pakistan

IGI Investments (Private) Limited, a wholly-owned subsidiary of IGI Holdings Limited, has received in-principle board approval to acquire up to 100% of Akzo Nobel Pakistan Limited's shares, according to a disclosure filed with the Pakistan Stock Exchange. Read more

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