Published on, Sept. 17 -- September 17, 2025 2:03 AM
Pakistan International Airlines (PIA) posted a pre-tax profit in the first half of 2025, which a company source said is its first such for the period in about two decades, ahead of a planned sale of the national carrier later this year.
PIA, part of PIA Holding Company, recorded a pre-tax profit of 11.5 billion Pakistani rupees ($40.64 million) in the six months to June, compared with the same period in 2024 when it remained in a loss before taxes and only managed a rare annual profit through deferred tax adjustments.
Net profit for the current half year stood at 6.8 billion rupees.
The disclosure comes as Islamabad presses ahead with a fresh attempt to privatise the airline, a key ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.