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.***
Minister emphasises that the government’s primary focus is on health and education
Protective bail of Usman Dar has been approved for seven days in the GHQ attack case
Environmental sample collected on March 06 from the ‘Haji Mureed Goth’ environmental sample collection site
Court heard the petition filed by GB High Court Bar on behalf of the father of the missing girl
This investment is expected to increase manifold after the second stage of CPEC
Chaudhry Parvez Elahi and Muhammad Khan Bhatti had filed post-arrest bail petitions