KARACHI: Oil and Gas Development Company Ltd (OGDC) announced its financial results for the first half ended Dec 31, 2020, posting a profit-after-tax (PAT) at Rs42.23 billion and earnings per share (EPS) at Rs9.82, down 20pc over the previous year’s PAT at Rs53.11bn and EPS at Rs12.35.

Alongside the result, the board announced a second interim cash dividend of Rs1.60 per share taking the 1HFY payout to Rs3.60 per share.

NBP earnings jump 84pc

National Bank of Pakistan declared PAT at Rs30.5bn and EPS at Rs14.33 for the year ended Dec 31, 2020, showing a massive rise of 84pc over the earlier year’s PAT at Rs16.5bn and EPS at Rs7.79.

No dividend was announced.

Jubilee Life income rises to Rs2.8bn

Jubilee Life Insurance announced PAT at Rs2.88bn and EPS at Rs33.05 for the year ended Dec 31, 2020, up 29.7pc from PAT at Rs2.22bn and EPS at Rs25.49 the previous year.

The board announced a final cash dividend at Rs13.50 for the year ended Dec 31, 2020, which was in addition to interim dividend at Rs3 per share already paid.

Ghandhara Nissan returns to profit

Ghandhara Nissan Ltd posted PAT at Rs156m and EPS at Rs2.98 for the half year ended Dec 31, 2020, representing turnaround from loss after tax at Rs153m and loss per share at Rs3.34 incurred in previous year’s similar half.

JS Bank earns Rs1.1bn

JS Bank Ltd announced PAT at Rs1.11bn and EPS at Rs0.86 for the year ended Dec 31, 2020, which replaced the after tax loss of Rs245m and loss per share at Rs0.21 incurred the earlier year.

Published in Dawn, February 25th, 2021

Opinion

No Eid for Sachal
16 May 2021

No Eid for Sachal

All this pain has been inflicted on man by man. When reason fails, this is what man resorts to. Naked barbarity.
US exit: security implications
16 May 2021

US exit: security implications

All indications are that transnational terrorist groups are gearing up to increase their operations in the region.

Editorial

16 May 2021

Riyadh-Tehran thaw

SEVERAL official pronouncements over the last few days have confirmed that efforts are underway behind the scenes to...
16 May 2021

Ruthless evictions

FOR a state to deprive residents of their homes without providing for alternative housing for them is a dereliction...
16 May 2021

Wheat concerns

THE new official projections for provisional wheat output suggest that Punjab may harvest around 20.5m tonnes of...
Eid during Covid
Updated 13 May 2021

Eid during Covid

It is indisputable that our actions now will prevent matters from becoming far worse.
Updated 14 May 2021

Foreign policy gaffes

MIXED messages, retractions and clarifications from the government have become an all-too-common occurrence when it...
Zimbabwe series win
Updated 15 May 2021

Zimbabwe series win

For millions of Pakistani fans, it was a thrilling experience to see their team returning to its winning ways.