Year: 2024

What is the difference between gross profit and net profit

Gross profit and net profit are two key financial metrics that measure a company’s profitability. However, they represent different stages of the profit-making process.   Gross Profit Gross profit is the revenue a company generates minus the cost of goods sold (COGS). COGS includes the direct costs associated with producing or acquiring the products sold. […]

Pakistan set to greenlight Privatization for current FY-2025

The Cabinet Committee on Privatisation (CCoP) is scheduled to meet on Friday (Aug 2 2024) to approve Privatisation Programme 2024-25, besides transfer of 322,640.900 shares of OGDCL to Petroleum Division or Pakistan Sovereign Wealth Fund (PSWF) The CCoP is set to approve 24 SOE (State Operated Enterprises) for privatization. This is in line with one […]

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