Tag: shows

Germany shows keenness in Punjab energy sector

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article image STAFF REPORT LHR: Punjab Chief Minister, Shehbaz Sharif held a meeting with delegation of German origin private energy company to discuss the possible ventures of setting up of power plants to cope with energy crisis and improve the electricity production in the province. Dr Syrill Nunn, German Ambassador to Pakistan was also present in the meeting. CM Punjab apprised the delegates the Punjab government along with cooperation of Federal government plans to add 3600MW to the grid by…Read More

Envoy shows interest in Pak, Japan varsities coop

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article image STAFF REPORT RWP: Japanese Ambassador Hiroshi Inomata has hoped that future academic linkages and other pedagogic agreements between universities of both the countries will benefit faculty and students. He said this during his recent visit to the Fatima Jinnah Women University (FJWU). His wife was accompanied him during the visit. During his meeting with the Vice Chancellor Prof. Dr. Samina Amin Qadir, matters of mutual interest were discussed. The VC apprised him about the…Read More

PTCL shows strong financial quarterly results

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article image STAFF REPORT ISB: PTCL, the largest ICT services provider in Pakistan, has announced strong second quarter results riding on the back of its growing fixed and wireless broadband business. The company announced revenues of Rs 42.8 billion for the period ended June 30, 2014, an increase of 7 per cent over the same period of last year, while gross and net profit of the company stood at Rs 15.3 and Rs 6.9 billion respectively. The Board of Directors has declared 10 percent interim cash…Read More

PTCL shows healthy results for Q1FY14

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STAFF REPORT ISB: PTCL, the largest ICT service provider in Pakistan, has announced its strong first quarter results riding on the back of its growing fixed and wireless broadband business. The company’s revenue during the period stood at Rs 21.1 billion and showed a significant increase of 9 per cent, with net profit standing at Rs. 3.4 billion, while gross profit was recorded at Rs. 7.6 billion. PTCL cash flows remain healthy and stable due to the consistent growth in the subscriber…Read More

109,268 students get edu thru PSF shows

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STAFF REPORT IBD: Pakistan Science Foundation (PSF) has educated more than 109,268 students from 451 schools of the country, during the financial year 2012-13 by arranging science caravans and mobile science exhibition, mounted on especially designed vehicles. At present, nine Science Caravan Units are in operation, two for each of the four provinces and one is stationed at Islamabad. ?The Science Caravans are meant for organizing Mobile Science Exhibitions for the students and…Read More

Seafood sector shows negative growth

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STAFF REPORT KHI: The seafood production has registered a negative growth last fiscal as its performance was dropped by 24 per cent, as target was set at 0.73 million tons in 2012-13 in Pakistan. Seafood industry experts said that around 0.26 million ton of inland and 0.47 tons of marine fish production is estimated during the year 2012-13 to fulfil the domestic consumption as well as to export. Efforts are, however, being made to convince European countries to resume buying while improving…Read More

Telenor shows record revenue for Q2-12

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STAFF REPORT IBD: Telenor Pakistan, the country’s second largest cellular company, has posted record quarterly revenue of Rs 23 billion, say the fresh figures released by the Telenor Group.The company registered another 615,000 subscriptions during April-June, ending with 29.9 million subscribers, a growth of 12 per cent over the same quarter last year. The company’s EBITDA margin observed an impressive year-to-year growth of 26 per cent, while market share remained stable at 24 per cent.&…Read More