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

Opinion

The Dar story continues

The Dar story continues

One wonders what the rationale was for the foreign minister — a highly demanding, full-time job — being assigned various other political responsibilities.

Editorial

Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.
All this talk
Updated 30 Apr, 2024

All this talk

The other parties are equally legitimate stakeholders in the country’s political future, and it must give them due consideration.
Monetary policy
30 Apr, 2024

Monetary policy

ALIGNING its decision with the trend in developed economies, the State Bank has acted wisely by holding its key...
Meaningless appointment
30 Apr, 2024

Meaningless appointment

THE PML-N’s policy of ‘family first’ has once again triggered criticism. The party’s latest move in this...