KARACHI: National Bank of Pakistan declared profit-after-tax at Rs26.18 billion and earnings per share at Rs12.28 for 9M20, up from PAT at Rs16.64bn and EPS at Rs7.80 for same period last year.

Unilever Foods announces Rs120.52 cash dividend

Unilever Pakistan Foods declared profit after tax at Rs2.49bn for the nine-months ended Sept 30 and earning per share at Rs391.53, up from PAT at Rs1.55bn and EPS at Rs243.04 in 9MFY19.

Sales rose to Rs11.3bn from Rs9.6bn. The board announced interim dividend at Rs120.52 per share.

NRL reports Rs1.31bn loss

National Refinery Ltd announced loss of Rs1.31bn for the quarter ended Sept 30 and loss per share at Rs16.40 higher than after tax loss of Rs678m and LPS at Rs8.49 for the similar quarter of 2019. Revenue from contracts with customers amounted to Rs42.6bn, down from Rs52.3bn year on year.

PSO declares Rs5.23bn profit

Pakistan State Oil Company Ltd declared consolidated PAT at Rs5.23bn and EPS at Rs11.07 for the three-months ended Sept 30, up from Rs3.47bn and Rs7.45 YoY. Net sales declined to Rs285.1bn, from Rs340.6bn.

EFU General profits up

EFU General Insurance Ltd declared unconsolidated PAT at Rs1.78bn and EPS at Rs8.88 for the 9M20 from Rs1.29bn and EPS at Rs6.46 in the same period last year.

The company earned investment income of Rs1.77bn up 17pc over Rs1.51bn earned in 9M2019, which it said included rental income, profit on deposits and other income.

Dawood Hercules announces Rs2 cash dividend

Dawood Hercules Corp Ltd declared consolidated PAT at Rs29.6bn for the 9M20 and EPS at Rs11.19, up from PAT at Rs20.9bn and EPS at Rs8.16 YoY. Net sales grew to Rs182.5bn, from Rs149.4bn. The company announced cash dividend at Rs2 per share.

Faysal Bank reports Rs5.51bn income

Interim PAT of Faysal Bank Ltd for the 9M20 amounted to Rs5.51bn and EPS at Rs3.63 against PAT at Rs4.43bn and EPS at Rs2.92 same time last year. The bank earned total income of Rs25.3bn against Rs20.3bn last year.

FFBL to divest shareholding in Foundation Energy

Fauji Fertilizer Bin Qasim stated that the board had taken an in-principle decision to enter into discussions with potential acquirers to explore the possibility of divesting FFBL’s shareholding in Foundation Wind Energy-1 and Foundation Wind Energy-II (both public limited unlisted companies).

The FFBL also announced unconsolidated financials for 9M20 posting loss after tax at Rs901m and LPS at Rs0.97, loss after tax declining from Rs2.42bn and LPS at Rs2.59 last year.

MCB Bank profits rise to Rs10.03bn

MCB Bank Ltd announced consolidated PAT at Rs10.03bn and EPS at Rs8.42 for quarter Sept 30, against PAT at Rs5.74bn and EPS at Rs4.84 same time last year. Total income of the bank amounted to Rs27.48bn against Rs20.08bn YoY.

Pak Suzuki reports Rs2.6bn loss

Pak Suzuki Motor Company posted net after tax loss of Rs2.60bn and LPS at Rs31.58 for 9M20 against loss after tax at Rs2.69bn and LPS at Rs32.64 YoY.

Loss from operations stood at Rs3.56bn, against Rs3.76bn YoY. Sales for the period under review amounted to Rs50.1bn, against Rs91.1bn YoY.

Maple Leaf Capital buys 5m shares of MLCF

Maple Leaf Cement Company Limited announced that “Maple Leaf Capital Ltd-an associated company had purchased five million shares of the company at gross rate of Rs43.33 per share on Oct 26 through stock market, held in the Central Depository System.

Ghani Glass announces right issue

Ghani Global Holdings Ltd notified to the stock exchange that the board of directors have declared to increase the paid-up share capital to Rs2.54bn, from Rs1.53bn by issue of 66 per cent right shares (66 right shares for every 100 shares) at Rs10 per share.

Published in Dawn, October 28th, 2020