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

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