Karachi: Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, has posted the highest profit after tax in FY17-18, since commencement of operations in 2007.
The Exchange earned profit after tax of PKR 41 million for the FY17-18. The operating income of the Exchange grew to PKR 264.6 million for FY17-18 from PKR 202.9 for FY16-17, posting an increase of over 30 percent whereas administrative and operating expenses registered an increase of 1.72 percent. The trading volume for FY17-18 was recorded at PKR 1.442 trillion as compared to PKR 1.303 trillion for FY16-17. Resultantly, the average daily trading volume increased by 11 percent to PKR 5.591 billion from PKR 5.051 billion.***
According to report, taxpayers were provided with relief amounting to Rs22.79 billion in tax refunds during 2024
"CM Sindh would be better advised to withdraw this amendment,” he says
Court adjourns hearing of case till January 23
DG instructs all zonal heads to ensure implementation of these instructions promptly and effectively
Agenda for meeting includes review of implementation status of recommendations made during 16th TAG meeting
Pakistan Navy’s recently commissioned ship, PNS Yamama, participated in exercise
