KARACHI: D.G. Khan Cement Company Ltd (DGKC) posted a profit-after-tax (PAT) of Rs801m for 1HFY21, translating into earnings per share (EPS) at Rs1.83. These showed a turnaround from loss after tax at Rs847m and loss per share at Rs1.93 recorded in the first half of the previous year.

BoP profit down 16pc

Bank of Punjab announced PAT at Rs6.82bn and EPS at Rs2.58 for the year ended Dec 31, 2020, showing a decrease of 16pc over PAT at Rs8.16bn and EPS at Rs3.09 for CY19. The bank announced a cash dividend at Re1 per share.

Mughal Iron earns Rs1.4bn

Mughal Iron & Steels Industries Ltd showed PAT at Rs1.40bn and EPS at Rs5.56 for the 1HFY21, up from PAT at Rs366m and EPS at Rs1.46 posted in the comparable half of the previous year.

The board declared interim cash dividend at Rs3 per share. The board also announced right shares at Rs68 per share at 16pc in the ratio of 16 shares for every 100 existing shares of Rs10 each.

Fauji Cement profit surges by 232pc

Fauji Cement Company Ltd (FCCL) showed stellar growth of 232pc in PAT for the 1HFY21 amounting to Rs1.60bn and EPS at Rs1.16, from PAT at Rs482 and EPS at Rs0.35 in the first half of FY20.

Published in Dawn, February 20th, 2021

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