Karachi, August 28, 2019: Meezan Bank Limited (MBL) announced Profit After Tax (PAT) of Rs4.1 billion in second quarter of this calendar year (2Q2019). The earning per share of the bank was Rs3.2, up 88 percent year on year on the back of increase in net spread earned; up by 77 percent YoY. The bank…
Karachi, August 27, 2019: Packages Limited (PKGS) announced 2Q2019 consolidated loss of Rs413 million (LPS Rs4.9/share vs. EPS of Rs8.19 in 2Q018). The result came in below our expectations mainly on the back of higher operating expenses, loss on investment under equity method and high effective taxation. Operating cost of the company was up by…
MCB Bank continues strong fiscal performance with 14pc growth in Profit before tax for the six months ended June 30, 2019 – Maintains industry’s highest quarterly payout of Rs. 4/share. Lahore, August 7, 2019: The Board of Directors of MCB Bank Limited met under the Chairmanship of Mian Mohammad Mansha, on August 07, 2019 to…