Business
DGKC announced 1QFY20 results, with loss after tax of Rs1.44bn
Karachi, October 28, 2019: D.G. Khan Cement Company Limited (DGKC) today announced 1QFY20 results, with loss after tax of Rs1.44bn (LPS: Rs3.26), against profit after tax of Rs418 million (EPS: Rs0.95) in 1QFY19. Net Sales increased by 11 percent YoY, which was due to higher dispatches from Hub plant. Company posted gross loss of Rs538…
PSMC announced its financial result for 3QCY19
Karachi, October 28, 2019: Pak Suzuki Motor Company Limited (PSMC) announced its 3QCY19 financial result today where the company declared a loss after tax of PKR 1,161 million (LPS: PKR 14.11), compared to a profit after tax of PKR 95 million (EPS: PKR 1.15) in 3QCY18 and a loss of PKR 545 million (LPS: PKR…
Meezan Bank announces Rs. 10.94 bln after tax profit for 3Q 2019
Karachi, October 26, 2019: The Board of Directors of Meezan Bank Limited, in its meeting, held on October 24, 2019 approved the condensed interim unconsolidated financial statements of the Bank and its consolidated financial statements for the nine months period ended September 30, 2019. The Bank posted after tax profit of Rs. 10.94 billion for the…
SBP facilitates overseas Pakistanis for biometric verification of their bank accounts
Karachi, October 24, 2019: Realizing difficulties being faced by overseas Pakistan in operating their bank accounts due to non-biometric verification of their accounts, State Bank of Pakistan has issued detailed instructions on the alternate arrangement to facilitate their biometric verification. It may be mentioned here that as per alternate arrangement, overseas Pakistanis may approach their…
Coca-Cola Pakistan announces new leadership appointment for Pakistan and Afghanistan region
Lahore, October 24, 2019: The Coca-Cola Export Corporation, Pakistan Branch announced a new leadership appointment with Fahad Ashraf taking over as the new General Manager for Pakistan and Afghanistan region, effective October 2019, replacing Rizwan U. Khan, who retired from his current position after having served the Company for 20 years in different roles. In…