Gul Ahmed’s profit grows by 169pc

KARACHI: Gul Ahmed Textile Mills Limited racked up a profit before tax of Rs1.17 billion and a profit after tax of more than Rs1bn in the first nine months (July-March) of this fiscal year, a press release said on Friday.

The company has managed a 12pc growth in sales at the end of nine months. A growth of 169pc was achieved in terms of earning per share which have increased to Rs5.49 from Rs2.04 in the previous period.

9 Pakistani students to attend Intel fair

KARACHI: Nine students were felicitated for being the best talent selected from across Pakistan and for representing the country at an international platform — Intel International Science and Engineering Fair (ISEF) to be held in Los Angeles, California, from May 11-16 — as TEAM Pakistan, said a press release issued on Friday.

Ufone to collaborate with Shaukat Khanum

LAHORE: A cellular company has collaborated with Shaukat Khanum Memorial Cancer Hospital and Research Centre and made its services available for people who wish to make donations to establish Pakistan’s second SKMCH&RC in Peshawar.

People will now be able to make donations directly through any Upaisa retail outlet available in their vicinity along with their mobile wallets.

A ceremony in this regard was held at Shaukat Khanum Hopspital here on Friday.

Dr Faisal Sultan, CEO of Shaukat Khanum, said: “Upaisa has made a valuable contribution to the hospital, as well as the society by introducing this new and efficient service, making it easier for people to donate.”— Staff Reporter

Knox 2.0 for Samsung Galaxy S5

KARACHI: Samsung Electronics Co. Ltd has announced the global availability of Knox 2.0, the company’s end-to-end secure mobile platform designed to provide advanced data and privacy protection for enterprise users.

It provides better support for IT departments looking for reassurance and convenience as they implement and manage their Bring Your Own Device (BYOD) strategies, a press release said.

Teradata reports 2014 first quarter results

KARACHI: Teradata Corp. (NYSE: TDC) reported revenue of $628 million for the quarter ended March 31, 2014, an increase of 7 per cent from $587m in the first quarter of 2013, a press release said.