Karachi, April 27, 2020: Market opened on a negative today at -198 points and 1.6 million shares traded at the opening bell. In few minutes, the benchmark index hit -450 points and gradually picked pace to realize a loss of 675 points during the entire session. Cement sector largely took the bantering, mainly due to…
Karachi, April 27, 2020: Fauji Fertilizer (FFC) announced its 1Q2020 financial result today, where the company booked a consolidated profit of Rs4,286 million (EPS: Rs3.37) compared to Rs1,875 million (EPS: Rs1.47) in 1Q2020. Alongside result, the company announced cash dividend of Rs2.5/share. Read More: Millat Tractors Limited announced financial result of 3QFY20 Revenue of the…
Karachi, April 27, 2020: Millat Tractors Limited (MTL) announced earnings of Rs553 million for 3QFY20 (EPS Rs11.09), down by 42 percent YoY. The decline in earnings is largely due to fall in unit sales by 28 percent YoY and lower Gross Margin (down 1.92 points YoY). Read More: Fauji Fertilizer announced financial result of 1Q2020…
Karachi, April 27, 2020: Carrefour, operated in Pakistan by Majid Al Futtaim has implemented strict hygiene and safety protocols across all its stores in the country to protect its shoppers and staff from this global pandemic. In addition to the earlier implemented safety and hygiene measures which included ongoing cleaning of floors in areas with…
Karachi, April 27, 2020: In order to help extend support to medical facilities during the COVID-19 crisis, Changan-Master Motors is donating its state-of-the-art Karvaan Euro-IV ambulance for the people of Karachi. The ambulance was received by the Mayor of Karachi, Waseem Akhtar, during a ceremony held at the Frere Hall, Karachi. In order to offer…