3QFY20 Archives | The Biz Update

Business

Millat Tractors Limited announced financial result of 3QFY20

The Biz Update5 years ago1 year ago02 mins

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…

Business

Pakistan’s IT exports cross $1bln in 3QFY20

The Biz Update5 years ago1 year ago04 mins

Quratulain Y Azher Karachi, April 26, 2020: Pakistan’s IT sector showed tremendous performance in the current financial year as it exports surged to over $1 billion by the end of three quarters of financial year 2019-120. According to the data released by State Bank of Pakistan, the exports of IT services and IT-enabled services increased…