TRG Pakistan reports Rs3.6bn profit

Published March 2, 2021
TRG Pakistan Ltd announced its 2QFY21 earnings at Rs3,608m, translating into earnings per share (EPS) at Rs6.60. — Photo courtesy LinkedIn
TRG Pakistan Ltd announced its 2QFY21 earnings at Rs3,608m, translating into earnings per share (EPS) at Rs6.60. — Photo courtesy LinkedIn

KARACHI: TRG Pakistan Ltd announced its 2QFY21 earnings at Rs3,608m, translating into earnings per share (EPS) at Rs6.60.

Topline Securities stated that the driving factor was the inflows of Rs4,241m from the head of share of profit from equity investee’s. IBEX reported a net income of $2.4m in 2QFY21 which translates into a profit of Rs64m. “Given that the break-up of the share of profit from equity investee’s is not available as yet, it is likely that the profits are driven by other investee’s Afiniti, E-Telequote and I-Sky or some gain on remeasurement”, analysts said.

Agha Steel earns over Rs1bn

Agha Steel Industries on Monday announced its financial results for the half year ended on Dec 31, 2020 declaring PAT at Rs1.057bn and EPS at Rs2.13. PAT for the October-December quarter stood at Rs548m and EPS at Rs1.11.

Published in Dawn, March 2nd, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

X post facto
Updated 19 Apr, 2024

X post facto

Our decision-makers should realise the harm they are causing.
Insufficient inquiry
19 Apr, 2024

Insufficient inquiry

UNLESS the state is honest about the mistakes its functionaries have made, we will be doomed to repeat our follies....
Melting glaciers
19 Apr, 2024

Melting glaciers

AFTER several rain-related deaths in KP in recent days, the Provincial Disaster Management Authority has sprung into...
IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...