Karachi, August 28, 2019: The Board of Directors of BankIslami Pakistan Limited has approved the Bank’s financial results for the half year ended June 30, 2019 in their meeting held in Karachi on August 27, 2019. During half year ended June 30, 2019, the Bank generated operating profit before provisions to the tune of Rs….
Karachi, August 19, 2019: Bank Alfalah Limited (BAFL) announced earnings on Monday for the first half of Current Year (1HCY19) below expectations at Rs 6.5 billion (EPS: PKR 3.63), depicting a YoY uptick of 4 percent. According to Arif Habib Research on a sequential basis (EPS: PKR 1.84) the bank posted a meagre 3 percent QoQ…
Karachi, July 24, 2019: Pak Suzuki Motor Company has posted a huge loss of Rs 1.535 billion in the first half of this calendar year (CY19). According to Atif Habib Research, Suzuki Motor Company Limited (PSMC) announced its 2QCY19 financial result on wednesday where the company declared a loss after tax of PKR 545 million (LPS:…
Karachi, May 23, 2018: Stocks in Pakistan enjoyed a dramatic, V-shaped recovery after intense sell-offs in the past few weeks. The KSE100 Index has staged an impressive 6.4 percent rally over the past 2 days. Cheaper valuations and the potential for continued profit gains helped support this rebound among equities. At the end of the…