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| Company News | [1-2 of 2 stories]
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FFC profit after tax soars to Rs 5.101 billionKARACHI (July 30, 2010): The profit after tax of Fauji Fertiliser Company (FFC) has increased to Rs 5.101 billion in the half year period ended June 30, 2010 as compared to Rs 4.547 billion earned in the corresponding period in 2009. The company's earning per share increased to Rs 7.52 in the period under review against Rs 6.70 in the same period last year.
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AHL profit after tax rises to Rs 224.826 millionKARACHI (July 30, 2010): The profit after tax of Atlas Honda Limited (AHL) has increased to Rs 224.826 million in the quarter ended June 30, 2010 as compared to Rs 132.242 million earned in the corresponding period in 2009. The board of directors of the company in its meeting held on Thursday declared that the company's earning per share increased to Rs 3.59 in the period under review against Rs 2.11 in the same period last year.
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Unsuccessful negotiations: Attock Cement won't acquire shares of Al-Abbas CementKARACHI (July 29, 2010): Attock Cement Pakistan Limited has said that the negotiations for acquisition of shares of Al-Abbas Cement Industries have been terminated. According to a notice sent to Karachi Stock Exchange (KSE) on Wednesday, the Attock Cement Pakistan, at this stage, is not interested in acquiring the majority shares of Al-Abbas Cement Industries.
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HBL profit after tax increases to Rs 7.865 billionKARACHI (July 29, 2010): The profit after tax (consolidated) of Habib Bank Limited (HBL) has increased to Rs 7.865 billion in the half year period ended June 30, 2010, as compared to Rs 6.099 billion earned in the corresponding period in 2009. The board of directors of the bank in its meeting held on Wednesday declared the bank's earning per share at Rs 7.77 in the period under review against Rs 6.16 in the same period last year.
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DHCL registers Rs 1,304.520 million after tax profitKARACHI (July 29, 2010): Dawood Hercules Chemicals Limited (DHCL) has registered after tax profit of Rs 1,304.520 million in the half year period ended June 30, 2010 against after tax loss of Rs 615.284 million recorded in the same period last year. The company's earning per share stood at Rs 10.84 in the period under review against per share loss of Rs 5.11 in the same period last year.
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Profit after tax of Engro Corporation increasesKARACHI (July 29, 2010): The profit after taxation of Engro Corporation Limited has increased to Rs 3.197 billion in the half year period ended June 30, 2010 as compared to Rs 1.022 billion earned in the corresponding period in 2009. The company's earning per share increased to Rs 10.37 in the period under review against Rs 3.63 recorded in the same period last year.
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FFBL profit after tax rises to Rs 1.722 billionKARACHI (July 28, 2010): The profit after tax of Fauji Fertiliser Bin Qasim Limited (FFBL) has increased to Rs 1.722 billion in the half year period ended June 30, 2010 as compared to Rs 0.497 billion recorded in the corresponding period in 2009. The company's earning per share surged to Rs 1.84 in the period under review against Re 0.53 in the same period a year back.
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Bank BANK ALFALAH LIMITED - Analysis of Financial Statements Financial Year 2008 - Financial Year 2009OVERVIEW (July 26, 2010): Bank Alfalah Limited was incorporated on June 21st, 1992, as a public limited company under the Companies Ordinance 1984. The bank is engaged in commercial banking and related services as defined in the Banking Companies Ordinance, 1962. The bank privatised in 1997. The Abu Dhabi Group, owner of the bank, has invested in technology to have an extensive range of products and services. They broadly include general banking, financial services, Islamic banking, consumer banking, treasury and international banking. The bank has been assigned short-term rating of A1+ and long-term rating of AA.
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Rafhan Maize Products after tax profit increases to Rs 952.553 millionKARACHI (July 23, 2010): The after tax profit of Rafhan Maize Products Co Limited has increased to Rs 952.553 million in the six month period ended June 30, 2010 as compared to Rs 713.069 million earned in the corresponding period last year. The company's earning per share increased to Rs 103.13 in the period under review against Rs 77.20 in the same period a year back.
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Bank Alfalah declares PLS profit ratesKARACHI (July 21, 2010): Bank Alfalah Limited has declared the following rates of profit on various types of PLS deposits for the half year ended June 30, 2010.
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