Karachi, October 29, 2019: The Indus Motor Company’s net sales turnover for the 1st quarter ended September 30, 2019, decreased by 41% to 20.7 billion as compared to Rs. 34.9 billion, for the same period last year, while profit after tax decreased by 62 percent to Rs. 1.32 billion as against Rs. 3.51 billion achieved…
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…
Karachi, September 25, 2019: Pakistan State Oil (PSO), the leading oil marketing company of the country, convened its Board of Management (BoM) at PSO Headquarters in Karachi to review the performance of the company during the financial year ended June 30, 2019. Despite the challenging economic scenario, reduction in the size and the increasing competition…
Karachi, September 23, 2019: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) Election results were announced in its Annual General Meeting whereby Chaudhry Salamat Ali, Aslam Ahmed Karsaz and Mian Naeem Ahmed have been elected as unopposed as Central Chairman, Senior Vice Chairman and Vice-Chairman respectively who will serve the Association for tenure 2019-2020. The PHMA executive committee members…
Karachi, August 29, 2019: The Board of Directors of Meezan Bank Limited in its meeting, held at Karachi on August 28, 2019 approved the condensed interim unconsolidated financial statements of the Bank and its consolidated financial statements for the half year ended June 30, 2019. The meeting was presided by Riyadh S.A. A. Edrees – Chairman…