Tag: financial loss
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Profit plunge: Pakistan Refinery Limited records Rs1.24 billion loss
Pakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil Company Limited (PSO), faced a significant loss of Rs1.24 billion in the third quarter ending March 31, 2024, primarily due to reduced revenue and escalating costs.
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PM Kakar pushes for speedy privatisation of financially troubled state-owned enterprises
Caretaker Prime Minister (PM) Anwaar-ul-Haq Kakar, in a meeting held on Monday, directed the relevant authorities to expedite the privatisation process of state-owned enterprises (SOEs) that are experiencing financial losses.
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Commerce minister warns of financial loss over proposed early market closure
aretaker Minister for Commerce, Industries, and Production, Dr Gohar Ejaz, has voiced his opposition to the early market closure proposed as part of the energy conservation plan, expressing concerns over the significant financial losses the government could incur as a result.
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IG Punjab orders aggressive action against electricity thieves costing nation Rs600 billion annually
Inspector General Police Punjab, Dr Usman Anwar, has directed top police officials in Punjab, including Regional Police Officers (RPOs), City Police Officers (CPOs), and District Police Officers (DPOs), to intensify efforts against anti-national and anti-social elements involved in electricity theft, which is causing a staggering annual loss of Rs600 billion to the national treasury.
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Pak Suzuki’s auto and motorcycle plant to stay closed till July 19
Pak Suzuki Motor Company Ltd (PSMCL), Pakistan’s leading car manufacturer in terms of production and sales, has announced an extension of its plant shutdown due to an ongoing shortage of inventory. The decision was conveyed to the Pakistan Stock Exchange (PSX) through an official notice on Friday.