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Corporate Sector Earn Pkr929 billion Profits in FY21

byNews Desk
December 30, 2021
in Business, Economy, Main
Reading Time: 2 mins read
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Corporate Sector Earn Pkr929 billion Profits in FY21
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Due to the business friendly policies of Prime Minister Imran Khan, the corporate sector made a net profit of PKR929 billion in the last fiscal year 2020-2021 under the Pakistan Tehreek-e-Insaaf government under the leadership of Imran Khan, said Minister of State for Information and Broadcasting Farrukh Habib in a tweet.

Corporate Sector Earn Pkr929 billion Profits in FY21
The profitability of Pakistan’s corporate sector throughout the last decate of financial year, shared Minister of State for Information and Broadcasting Farrukh Habib on his twitter.

Minister of State for Information and Broadcasting Farrukh Habib also said in his tweet that:

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While Pakistan Muslim Legue Noon (PML-N) under the leadership of Mian Muhammad Nawaz Shareef only had a profit of PKR587 billion in 2018.

Moreover, Minister of State for Information and Broadcasting Farrukh Habib shared:

During the Pakistan Tehreek-e-Insaaf (PTI) government, the registration of companies increased by 44% to about 70,000.

Minister of State for Information and Broadcasting Farrukh Habib also said:

While in the 5 years of Pakistan Muslim Legue Noon’s (PML-N) era, only the total of 25 thousand 856 new companies were registered.

Minister of State for Information and Broadcasting Farrukh Habib told the public in his tweet that:

In the first three quarters of the current financial year, these companies have made a profit of 258 billion.

Minister of State for Information and Broadcasting Farrukh Habib said in the tweet:

During the three years of the PTI government, various sectors have broken the record of growth.

Minister of State for Information and Broadcasting Farrukh Habib also said:

Despite Corona, economic growth was 494% in the real estate sector, 194% in the IT sector and 136% in the tourism sector.

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A source of economic, political, business, finance, health and sports updates.

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