Sunday, October 17, 2021

Financial results

POL: Profitability to surge by 49% YoY in 9MFY19

Financial result of Pakistan Oilfields Limited (POL) for the period 9MFY19 is scheduled to be announced on 11th Apr’19, analysts expect the company to post a Profit After Tax (PAT) of PKR 11,733mn (EPS: PKR 41.33) compared to PKR...

PSMC earnings nosedived by 66% YoY

Pak Suzuki Motor Company Limited (PSMC) announced its CY18 financial results today where the company declared earnings of PKR 1,298mn (EPS: PKR 15.77), down by 66% YoY. On a quarterly basis, the company posted a loss after tax of...

Standard Chartered announces highest ever profit of Rs.18.5 billion

Standard Chartered Bank (Pakistan) Limited on Wednesday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR18.5 billion. This is 37per cent higher than corresponding period last year and...

DGKC earning declines by 53% YoY in 1HFY19

D.G. Khan Cement Company Limited (DGKC) released its 2QFY19 financial result on Tuesday, posting a profit after tax (PAT) of PKR 1,324mn (EPS: PKR 3.02), up by 48% YoY / 3x QoQ led primarily by a tax credit booked...

Stocks review: KSE-100 shed 471 points on profit taking

Pakistan Stock Exchange (PSX) commenced on a negative note despite historic visit of the Saudi Crown Prince where both the governments signed an investment deal worth USD 21bn. Analysts believe market activity remained sluggish and the index hovered sideways...

NBP revenue soars 13.6% to Rs 97 billion, highest ever growth

Meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on Friday. The BoD approved the financial statements of the Bank for the year ended December 31, 2018. Maintaining its position in the industry, this...

MARI earnings up by 85% in 2QFY19

Mari Petroleum Limited (MARI) announced its financial results today, posting a profit after tax of PKR 5,916mn (EPS: PKR 48.78) during 2QFY19 from PKR 3,202mn (EPS: PKR 26.41) in SPLY, massively up by 85% YoY. With this, the bottom-line in...

KAPCO earning registers growth of 166% in 2QFY19

Kot Addu Power Company (KAPCO) announced its 2QFY19 financial result where the company posted a profit after tax (PAT) of PKR 5,881mn (EPS: PKR 6.68), up by 166% YoY compared to PKR 2,214mn (EPS: PKR 2.52) during same period...

UBL earning shrinks by 41% YoY

UBL announced earnings on Wednesday for CY18 at PKR 15.5bn (EPS: PKR 12.65/share), depicting a YoY decline of 41%, above expectations. Ex-pension liability, earnings have contracted ~28% YoY primarily on account of heavy provisioning booked during the year (+5x...

MCB announces earning of Rs 20.30 billion, Rs 17.17 EPS

MCB announced earnings on Wednesday for CY18 above expectations, at PKR 20.3bn (EPS: PKR 17.17/share), depicting a YoY decline of 7%. Higher OPEX (+18% YoY) and pension liability of PKR 1.9bn led to the downturn. However strong growth in...
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Buyers flock to the Pakistan Lifestyle furniture expo

Over ten thousand buyers visited the 35th Lifestyle Furniture Exhibition on the first day and bought goods from a long...
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