Levi Strauss posted quarterly revenue and earnings above Wall Street projections. Company claimed to have benefited from Americans’ preference for more lenient dress regulations. In after-hours trading, its shares were up almost 4% at $17.08. The garment business known for its denim, Levi Strauss, posted quarterly revenue and earnings on Thursday that above Wall Street … Read more
KARACHI: Pakistan’s premier conglomerate, Engro Corporation’s profitability exhibited a substantial growth of 92 per cent to reach Rs6.88 billion in the first quarter of 2022 against Rs3.59 billion in the same period of 2021, a statement said on Thursday. The company’s dividend income grew 124 per cent during the period under review to reach Rs7.70 … 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 Hub Power Company (Hubco) has declared a final cash dividend of Rs5/share for the year ended June 30, 2021, which is in addition to the interim dividend of Rs7/share already paid to the shareholders, a bourse filing said. Hubco posted a net profit of Rs34.83 billion, translating into the earnings per share (EPS) … 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: 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: Bank Alfalah Limited on Wednesday announced profit –after-tax of Rs7.02 billion for the first-half (January–June) 2021, a bourse filing said. The net profit of the bank posted a 21.45 per cent increase, compared with the net profit of Rs5.78 billion in the corresponding period of the last year. The net markup income of the … Read more
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
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
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
