KARACHI: Mari Petroleum Company Ltd said in a notice to the PSX that the Directorate General of Petroleum Concessions had communicated to the company provisional award of new exploration blocks (two blocks as an operator and two as a join venture partner with other E&P companies.)

BAHL profit soars 59pc

Bank Al Habib Ltd (BAHL) recorded an unconsolidated profit-after-tax (PAT) of Rs17.81 billion and earnings per share (EPS) at Rs16.03 for the year ended Dec 31, 2020, representing growth of 59.48 per cent over the earlier year’s PAT at Rs11.2bn and EPS at Rs10.05. The board proposed a cash dividend of Rs4.50 per share. Total assets of the bank stood at Rs1.52 trillion at the end of Dec 2020, showing an increase of 17.20pc over the earlier year.

Pakistan Oilfields earnings down

Pakistan Oilfields Ltd (POL) announced PAT at Rs6.65bn and EPS at Rs23.42 for the first half of FY21, down 22pc from PAT at Rs8.57bn and EPS at Rs30.19 for the same time earlier year. The company declared an interim dividend at Rs20 per share.

Honda Atlas income rises 26pc

Honda Atlas Cars Ltd declared PAT at Rs898m and EPS at Rs6.29 for the 9-month to Dec 31, 2020 against PAT at Rs710m and EPS at Rs4.97 for the same period earlier year, representing an increase of 26pc. Sales grew 13pc to Rs44.6bn from Rs39.4bn.

Attock Cement PAT falls

Attock Cement Pakistan Ltd announced PAT at Rs545m and EPS at Rs3.96 for the 1HFY21, down 29pc from PAT at Rs763m and EPS at Rs5.55 YoY. Sales rose 4pc to Rs11.0bn, from Rs10.6bn.

Published in Dawn, January 28th, 2021