Posted on: Saturday, December 02, 2006 ; 15:10 IST
Islamabad: The Pakistan International Airlines (PIA) shows a net loss of Rs. 2.95 billion during the first quarter (July-September) of the FY 2006-07, due to high fuel price and lower passenger revenue amid competition from regional and local airli
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Karachi: Pakistan International Airline's overall revenue for nine months of year 2006, January to September, increased by 13 percent. PIA's 298th board meeting presided by Chairman & CEO PIA, Tariq Kirmani on Monday in Karachi was informed.
PIA
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Islamabad: The Pakistan International Airlines (PIA) shows a net revenue loss of Rs 2.984 billion during the fourth quarter (April-June) of FY2005-06 due to high fuel price, the Finance Ministry said on Thursday.
During the quarter under review,
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Faisalabad: The increase in the fuel cost has adversely affected the PIA profitability. As against the target of Rs 974 million for the 3rd quarter ie July-September 2005, the Airline had sustained a huge loss of Rs 1,604 million ie higher than tar
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Karachi: Javedan Cement earns a record net profit of Rs. 103.861 million in July-December 2004, as against Rs. 26.952 million in the corresponding period last year.
Better performance is attributed to increased production, reduction in producti
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Karachi: On Wednesday, Shell Pakistan Limited announced financial results for six months ended December 31, 2004, which was the first by a major company this reporting season.
Next in line are those from Fauji Fertilizer due on January 31; Shel
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Rawalpindi: The Pakistan Railways earned a profit of Rs927 million during the first half of the fiscal year 2004-05.
Speaking at a press briefing here on Thursday, Federal Railways Minister Mian Shamim Hyder said the Railways had exceeded the tar
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RPTL signs power pact with western region power utilities
Reliance Power Transmission (RPTL), subsidiary of Reliance Infrastructure, India’s largest private sector enterprise in power utility, has signed power transmission agreement with eight entities from western India for two inter-state power transmission projects.
RPTL signed the agreement through its two Special Purpose Vehicles (SPVs) for the projects under the Western Region System Strengthening Scheme-II (WRSSS-II), entailing an investment of INR18 billion, for establishing 400 KV double circuit transmission lines of around 1,500 kms, mainly in Maharashtra Continue
