PNSC Achieves Topline Growth In First Quarter
Muhammad Irfan Published December 15, 2020 | 03:35 PM
Despite the challenges posed by COVID-19 and slow down in global trade and economy, Pakistan National Shipping Corporation (PNSC) has achieved a topline growth of more than 21% in first quarter Fiscal Year 2020-21
ISLAMABAD, (UrduPoint / Pakistan Point News - 15th Dec, 2020 ) :Despite the challenges posed by COVID-19 and slow down in global trade and economy, Pakistan National Shipping Corporation (PNSC) has achieved a topline growth of more than 21% in first quarter Fiscal Year 2020-21.
As per�the results�unveiled by PNSC, its profitability increased by a massive 73% as compared to first quarter 2019-20.
The National flag carrier trading under the name of PNSC is engaged in transportation of dry bulk and liquid cargoes globally.
An official told APP that PNSC is committed towards the concept of forging a sustainable healthy environment for all segments of society. Recent initiatives focus up the preservation and protection of marine environment at sea and within ports. These initiatives include the switch to low sulphur fuels better coastal air quality, installation of ballast water management system in the entire PNSC fleet to ensure clean coastal water and preservation of indigenous aquatic life forms.
Related Topics
Recent Stories
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
NHA restores traffic on roads affected by recent rains in Balochistan
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
U.S. envoy calls on Foreign Minister Ishaq Dar
Poland arrests man over suspected plan to kill Zelensky
EU wants to ease youth movement to and from UK
Police foils attempt of supply mainpuri raw material
More Stories From Business
-
Pakistan's total liquid foreign reserves reach $ 13.37 billion
10 hours ago -
Stock markets rise as traders consider US rate outlook
11 hours ago -
Business community alarmed by alleged Cigarette tax violations
11 hours ago -
High FED on cigarettes demonstrates positive impact
11 hours ago -
PTCL posts 14 % revenue growth
11 hours ago -
Prudent policies, reforms poised to result in sustainable economic growth: Governor State Bank of Pa ..
12 hours ago
-
ICCI resolute to turn Islamabad an ecofriendly city: Khalid Malik
12 hours ago -
Beijing's GDP up 6 pct in Q1
14 hours ago -
China's Q1 goods, services trade surplus exceeds 60 bln USD
14 hours ago -
Pakistan Stock Exchange (PSX) loses 43 points
14 hours ago -
KP Govt decides to establish Gem Processing & Export Centre
15 hours ago -
Rupee sheds 04 paisa against dollar
15 hours ago