Tue, 21-Oct-2025

PIBT evaluates $70 million capacity expansion

Port-Qasim

KARACHI: Despite record high prices, the demand for coal remained stable, while the Pakistan International Bulk Terminal (PIBT) is evaluating a $70 million investment in increasing the terminal’s coal handling capacity, its chief financial officer (CFO) Arslan Iftikhar said. “Presently, PIBT has a coal handling capacity of 12 million tonnes, and last year we handled … Read more

PIBT profits surge 62.28% to Rs1.8 billion

KARACHI: The Pakistan International Bulk Terminal (PIBT) announced a net profit of Rs1.8 billion for the year ended June 30, 2021, which is 62.28 per cent higher than the profit of Rs1.14 billion in the previous year ended June 30, 2020, a bourse filing said on Wednesday. The earnings per share (EPS) for FY21 clocked-in … Read more