Bank Alfalah to expand earnings Bank Alfalah Limited’s balance-sheet is geared up to expand earnings in rising interest rate scenario, while higher concentration towards zero-cost deposits will restrict the cost of funds at manageable levels. Moreover, the net interest margins (NIMs) expansion is likely to continue in CY22 due to higher portion of shorter duration … Read more
KARACHI: The profit after tax of Engro Polymer & Chemicals Limited (EPCL) witnessed an increase of 29 per cent to Rs4.689 billion, translating into the earnings per share of Rs5.16 during the fourth quarter of 2021. The company recorded a profit of Rs3.627 billion, translating into the earning per share (EPS) of Rs3.99 during the … Read more
KARACHI: The Prime Minister Imran Khan inaugurated the new 100,000 tonnes polyvinyl chloride (PVC) III Plant of Engro Polymer and Chemicals (EPCL), which will enable import substitution of PVC and boost exports as well, a statement said on Friday. With the addition of new capacity, EPCL can now produce 295,000 tonnes of PVC per annum … Read more
KARACHI: The Engro Polymer and Chemicals Limited (EPCL) has achieved its first-ever carbon-neutral voyage on the ethylene-laden vessel Gaschem Dollart, a statement said on Wednesday. has achieved its first-ever carbon-neutral voyage on the ethylene-laden vessel Gaschem Dollart, a statement said on Wednesday. The company which is a subsidiary of Engro Corporation, achieved this feat in … Read more
PSX remains bearish, Index losses 248.49 points KARACHI: The Pakistan equity market again observed a profit-taking session on the back of concerns regarding the ongoing joint parliament session and anticipated hike in the interest rates, dealers said on Wednesday. – JAVED MIRZA Read more Essential commodities prices on the decline: NPMC ISLAMABAD: A meeting of … Read more
KARACHI: Engro Polymer and Chemicals hosted a dialogue on climate change and technologies of the future at the Expo 2020 Dubai, a statement said. The points of the dialogue consisted of climate change, construction materials and technologies of the future, building inclusive communities, and circular economy, to celebrate the Rural and Urban Development Week at … Read more
KARACHI: Engro Polymer and Chemicals Limited (EPCL) has declared a cash dividend of Rs3/share for the quarter ended September 30, 2021, which is in addition to the interim dividend of Rs7.85/share already paid to the shareholders. EPCL announced a net profit of Rs3.106 billion, translating into the earnings per share (EPS) of Rs3.42 for the … Read more
