KARACHI: TPL Properties has announced a net profit of Rs70.03 million for the year ended June 30, 2021, which is 38.13 per cent lower than the profit of Rs113.2 million recorded in the previous year, a bourse filing said on Monday. The earnings per share (EPS) for FY21 clocked-in at 22 paisas, compared with 35 … Read more
KARACHI: The rupee weakened 32 paisas against the dollar on Monday, owing to higher demand for the foreign currency; following a record trade deficit in August 2021, dealers said. The exchange rate ended at Rs167.23 against the dollar from last Friday’s closing of Rs166.91 in the interbank foreign exchange market. The currency dealers said the … Read more
KARACHI: Fauji Cement Company Limited (FCCL) has announced a net profit of Rs3.47 billion, translating into the earnings per share (EPS) of Rs2.52 for the year ended June 30, 2021, compared with the loss of Rs59.38 million and the loss per share of 4 paisas in the previous year. The company did not announce any … Read more
KARACHI: Pak Suzuki Motor Company (PSMC) has announced a net profit of Rs1.19 billion, translating into the earnings per share (EPS) of Rs14.54 for the half-year ended June 30, 2021, compared with the loss of Rs2.46 billion and the loss per share of Rs29.92, a bourse filing said. The recovery this year is attributed to … Read more
KARACHI: The Bank of Punjab on Friday declared 53 per cent growth in net profit for the half-year ended June 30, 2021, a bourse filing said. The profit-after-tax of the bank increased to Rs5.59 billion for the first-half (January–June) 2021, compared with Rs3.65 billion in the same half of the last year. The bank announced … Read more
KARACHI: The Indus Motor Company has declared a final cash dividend of Rs36.5/share for the year ended June 30, 2021, which is in addition to the interim dividend of Rs67/share already paid to the shareholders. Indus Motor posted a net profit of Rs12.82 billion, translating into the earnings per share (EPS) of Rs163.21 for FY21, … Read more
KARACHI: Faysal Bank Limited on Thursday announced profit-after-tax of Rs4.067 billion for the half-year ended June 30, 2021, a bourse filing said. The bank posted 7.33 per cent growth in its net profit, compared with Rs3.79 billion in the corresponding period last year. Faysal Bank announced Rs2.68 as earnings per share (EPS) for the period … Read more
KARACHI: The Standard Chartered Bank (Pakistan) Limited has announced 31 per cent decline in its net profit for the half-year ended June 30, 2021, a bourse filing said on Thursday. The bank declared Rs6.78 billion profit-after-tax for the half-year (January–June) 2021, compared with Rs9.85 billion during the corresponding period last year. The bank in its … Read more
KARACHI: Lotte Chemical Pakistan has announced a net profit of Rs962.86 million, translating into the earnings per share (EPS) of 64 paisas for the quarter ended June 30, 2021, compared with the profit of Rs20.2 million and the EPS of one paisa in the same quarter last year. “Lotte’s earnings are slightly lower than our … Read more
KARACHI: The Kot Addu Power Company (Kapco) has earned a net profit of Rs10.229 billion for the year ended June 30, 2021, down a whopping 56.60 per cent, compared with the profit of Rs23.60 billion recorded in the previous year, a bourse filing said. The earnings per share (EPS) for the year clocked-in at Rs11.62, … Read more
KARACHI: Kohinoor Textile Mills Limited (KTML) has announced a net profit of Rs11.05 billion, translating into the earnings per share (EPS) of Rs28.26 for the year ended June 30, 2021, compared with the loss of Rs2.59 billion and the loss per share (LPS) of Rs3.32, a bourse filing said on Monday. Kohinoor Textile also declared … Read more
KARACHI: The Meezan Bank Limited (MEBL) on Thursday announced Rs12.61 billion as the net profit for the first-half of the calendar year 2021. The net profit registered a growth of 8 per cent during the period under review, compared with Rs11.67 billion in the same half of the last year. The bank also announced Rs8.91 … Read more
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the National Remittance Loyalty Programme (NRLP) with a view to boosting remittances, as its application will be formally launched by the end of October this year. Federal Minister for Finance and Revenue Shaukat Tarin chaired the meeting of the ECC of the Cabinet. … Read more
KARACHI: The Attock Petroleum Limited (APL) has earned a net profit of Rs4.9 billion for the year ended June 30, 2021, which is multiple times higher than the profit of Rs1.01 billion recorded in FY20, a bourse filing said on Wednesday. The earnings per share (EPS) for the year clocked-in at Rs49.43, compared with the … Read more
Lionel Messi has to leave Barcelona after 21 years. Neither he wanted to leave nor Barcelona wanted him to leave. However, there was another factor that broke them apart. Messi, who is loved by many fans, cried at a press conference on August 8, telling the media that he had no other choice, “The club … Read more
KARACHI: The United Bank Limited (UBL) has posted an increase of 20 per cent to Rs7.6 billion in its net profit for the half-year ended June 30, 2021, a bourse filing said on Monday. According to the financial results announced by the bank, the profit-after-tax of the United Bank rose to Rs7.6 billion during January–June … Read more
KARACHI: The Fauji Fertilizer Bin Qasim Limited (FFBL) has announced a net profit of Rs656.52 million, translating into the earnings per share (EPS) of 41 paisas for the second quarter ended June 30, 2021, compared with the loss of Rs321.82 million and the loss per share (LPS) of 25 paisas in the corresponding quarter of … Read more
KARACHI: The Pakistan Tobacco Company’s (PTC) net profits jumped 24 per cent to Rs9.44 billion, translating into the earnings per share (EPS) of Rs36.98 for the half-year ended June 30, 2021, a bourse filing said on Tuesday. The company declared an interim cash dividend of Rs26/share, it added. During the period, the company recorded a … Read more
Honda Atlas Cars Pakistan Ltd. (HCAR) has announced its profits for the financial year which ended on 31 March 2021. Compared to a profit of Rs. 681 million in the previous year, the company has reported a profit of Rs. 1.79 billion during the current year. Honda Atlas sales during the year grew by 22.4 … Read more
The United Arab Emirates (UAE) will invest five billion dollars in an oil refinery project in Pakistan, report said. Talks over the project between Pakistan and the UAE have almost completed and the project would be launched by the end of this year, the report said. UAE Ambassador in Islamabad Hamad Obaid Ibrahim Salem Al-Zaabi … Read more
