Pakistan: Millat Tractors post profit of Rs10.6bn in FY24, up 167%
Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, reported a profit-after-tax (PAT) of Rs10.64 billion for the financial year ended June 30, 2024, a jump of nearly 167% year-on-year. The…
China’s top 500 enterprises see steady growth
China’s top 500 enterprises posted steady performance last year with rising revenue and a greater focus on innovation, an industrial ranking report showed Wednesday. The 2024 list of the top…
Dewan Farooque Motors (DFML) starts EV production after EDB’s approval
Dewan Farooque Motors Limited (DFML) said on Tuesday that it has commenced production of electric vehicles (EVs) at its assembly plant after receiving approval from the Engineering Development Board (EDB).…
China: Biotech companies, experts highlight threats of U.S. act to innovation, cooperation
The U.S. Biosecure Act, approved by the House of Representatives on Tuesday, has drawn harsh criticism from concerned Chinese companies, global pharmaceutical firms and industry insiders. Targeting the so-called “China…
Pakistan: FFC moves to acquire Agritech
The Board of Directors of Fauji Fertilizer Company Limited (PSX: FFC) has approved the acquisition of shares and control in Agritech Limited (AGL), the company’s filing on PSX revealed today.…
President Xi stresses building China into leading country in education
Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, delivers an important speech at a national…