KARACHI: The profit after tax (PAT) of Fauji Fertiliser Bin Qasim Ltd (FFBL) stood at Rs1.266 billion during IQCY21 versus loss of Rs3bn in the same period 2020. Net sales soared to Rs13bn from Rs9.558bn.

NRL posts Rs1.7bn profit

National Refinery Ltd (NRL) posted PAT of Rs1.7bn during the quarter ended March 31, 2021 as compared to loss of Rs5.1bn in the same period 2020. Gross profit stood at Rs2.87bn as compared to loss of Rs5.459bn.

Attock Petroleum Ltd (APL) posted a pat of Rs1.5bn during 1QCY21 as compared to loss of Rs710m in the same period 2020. Company’s sales plunged to Rs53.5bn from Rs58.5bn in the above period.

DGKC makes Rs2bn profit

D.G. Khan Cement Ltd reported a PAT of Rs2bn during January-March 2021 as compared to loss of Rs1bn in the same period last year. Sales swelled to Rs33bn from Rs11bn in the above period.

Thal Ltd to set up new plant

Thal Ltd, a subsidiary of House of Habib (HoH), is setting up a plant to manufacture polypropylene woven bags in Hub, Balochistan, with an investment of Rs1.7 billion. The state-of-the-art plant, which has the capacity to produce 90 million bags annually, would start commercial production by the end of February 2022.

Published in Dawn, April 27th, 2021