In the six months until December 31, 2023, the Indus Motor Company (IMC) saw a significant profit of Rs4.96 billion, marking an 89% increase from the same period last year when they earned Rs2.63 billion. Despite a decrease in overall revenue, the company managed to boost its profit. The earnings per share (EPS), indicating the … Read more
Cassava Sciences is expected to announce -$0.42 per share. The company’s shares rose 20.78% in the past month. Investors hope Cassava’s earnings report is solid. Cassava Sciences, Inc. (SAVA) finished at $30.44, down 1.17 percent from the previous day. This is behind the S&P 500’s 3.06 percent increase. Dow rose 2.68 percent, while tech-heavy Nasdaq … Read more
KARACHI: The profit after tax of Pak Suzuki Motor Company Limited (PSMC) increased 94 per cent to Rs2.67 billion translating into the earnings per share (EPS) of Rs32.6 during the year ended December 31, 2021. The company recorded a profit of Rs1.37 billion (EPS: Rs16.8) during the same period last year. The company along with … Read more
KARACHI: Indus Motor Company Limited (INDU) earnings recorded a growth of 111 per cent to Rs10.17 billion translating into the earnings per share (EPS) of Rs129.45 during the first half of fiscal year 2022. The company recorded a profit of Rs4.80 billion (EPS: Rs61.08) during the same period last year. During the second quarter of … Read more
KARACHI: The profit after tax of DG Khan Cement Company Limited (DGKC) recorded an increase of 1 per cent to Rs1.32 billion translating into the earnings per share (EPS) of Rs3.03 during the quarter ended December 31, 2021. The company posted a profit of Rs1.30 billion (EPS: Rs2.98) during the same period last year. The … 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
Lotte Chemical Pakistan Limited was incorporated in Pakistan on May 30, 1998. The principal activity of the company is to manufacture and sale Pure Terephthalic Acid. Lotte Chemical is the only world-class manufacturer and supplier of Purified Terephthalic Acid (PTA) in Pakistan with a capacity to deliver 500,000 tonnes every year through its state-of-the-art plant … Read more
KARACHI: Fauji Fertilizer Company Limited (FFC) has posted a 20 per cent increase in net profit to Rs35.69 billion, translating into the earnings per share (EPS) of Rs28.06 for the year ended December 31, 2021. FFC also declared a final cash dividend of Rs4.65 along with the results, which is in addition to the interim … Read more
KARACHI: Fauji Fertilizer Company Limited (FFC) has posted a 20 per cent increase in net profit to Rs35.69 billion, translating into the earnings per share (EPS) of Rs28.06 for the year ended December 31, 2021. FFC also declared a final cash dividend of Rs4.65 along with the results, which is in addition to the interim … Read more
KARACHI: The Pakistan Petroleum Limited (PPL) has announced a net profit of Rs52.28 billion, translating into the earnings per share (EPS) of Rs19.21 for the year ended June 30, 2021, which is 5.78 per cent higher than the profit of Rs49.42 billion and the EPS of Rs18.16 in the previous year. The board of directors … Read more
KARACHI: Nimir Industrial Chemicals Limited has announced an investment of Rs1.25 billion to establish the aluminum cans production facility. “[The] board of Nimir approved an investment of Rs1.25 billion for setting up a production facility to manufacture various types of aluminum cans for aerosol products. This will be a backward integration to the company’s state … 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: Pakistan stocks plummeted and registered a third consecutive negative session, owing to the rollover week and alarming Covid scenario. Additionally, augmenting commodity prices, higher import bill, and current account deficit position created the selling pressure at the bourse, dealers said. An analyst at Arif Habib Limited said the market traded range-bound between +124 points … Read more
KARACHI: Mari Petroleum Company Limited (MPCL) has declared a final cash dividend of Rs75/share along with the financial results for the year ended June 30, 2021. This is in addition to the interim dividend of Rs66/share already paid to the shareholders, a bourse filing said on Thursday. MPCL posted a net profit of Rs31.44 billion … Read more
KARACHI: Pakistan stocks witnessed another bearish session, amid rollover week and the spread of Covid, as Pakistan has reported highest active cases since April 29, 2021. Additionally, the rupee fell to an 11-month low against the dollar, which further created the uncertainty at the bourse. An analyst at Arif Habib Limited said the market saw … 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: Unilever Pakistan Foods has announced a net profit of Rs966.64 million for the quarter ended June 30, 2021, which is 7.48 per cent higher than Rs899.32 million recorded in the corresponding quarter last year, a bourse filing said on Wednesday. The earnings per share (EPS) for the quarter clocked-in at Rs151.75 as against Rs141.18 … 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 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: Amreli Steels Limited has announced a net profit of Rs1.36 billion, translating into the earnings per share (EPS) of Rs4.61 for the year ended June 30, 2021, compared with the net loss of Rs1.24 billion and the loss per share (LPS) of Rs4.18 in the previous year, a bourse filing said on Friday. The … 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
KARACHI: The Pakistan Oilfields Limited (POL) has announced a net profit of Rs15.40 billion for the year ended June 30, 2021, which is 6.2 per cent higher than the profit of Rs14.50 billion recorded in FY20, a bourse filing said on Wednesday. The earnings per share (EPS) for the year clocked-in at Rs54.24, compared with … 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
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 ICI Pakistan has declared a final cash dividend of Rs20/share for the fiscal year ended June 30, 2021, which is in addition to the interim dividend of Rs20/share already paid to the shareholders, bringing the total cash payout to Rs40/share, a bourse filing said on Thursday. On a consolidated basis, including the results … Read more
