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BML has achieved a historic milestone by reporting a profit before tax of Rs. 1.44 billion and after-tax profit of Rs. 707 million for half year ended June 30, 2025 the first profit declared by the Bank in more than a decade. These results, approved by the Board of Directors at its meeting held on August 1, 2025, reflect a remarkable turnaround from the loss before tax of Rs. 2.44 billion reported for the corresponding period last year, an improvement of Rs. 3.88 billion. BML Chairman Mr. Abdulla Nasser Abdulla Hussain Lootah said ‘The Bank’s performance is due to improved net mark-up income, recoveries of legacy non-performing loans, an improved deposit mix reducing the average cost of deposits, and Treasury gains. This reflects the success of BML’s broader strategy, he stated that this milestone is proof of the dedicated efforts and commitment of our teams, we have strong faith in the banks future and reviving economic fundamentals’. Subsequent to the half-year period, the banks position is further bolstered by successful sale of a strategic asset for Rs. 12 billion and an injection of Rs. 5 billion from its Sponsor as advance against share capital. The Scheme of Arrangement is also in the final stages filed before the Islamabad high Court

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World Champions ! South Africa Defeated Pakistan In Final Round Of world Championship with a high performance In high storage clash #pakvssa #championfinal

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the Federal Board of Revenue (FBR) in Pakistan has suspended the enforcement of the "Digital Presence Proceeds Act Tax." The post, from an account named "ideal_pakistan," states that this tax, which would have applied to goods and services ordered digitally from abroad and supplied into Pakistan #StartupPakistan

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Altcoin Have just flashed one of the Most Important Signal #altcoin $ALT

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The US has reduced tariffs on Pakistani goods from 29% to 19% under a new trade deal, offering a slight edge over India (25%) and other regional competitors. The move is expected to boost Pakistan's textile exports and support industrial growth. Pakistan will also begin importing US crude oil, marking a strategic energy shift. While seen as a step forward, analysts say the deal offers limited long-term advantage and stress the need for local industries to invest in R&D and efficiency to stay competitive globally. #donaldtrump #TrumpTariffs

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