KARACHI: Fauji Fertiliser Co Ltd on Friday declared financial results for the six months ended June 30, 2021 posting condensed profit after tax amounting to Rs9.44bn, translating into earnings per share (EPS) at Rs7.42. This represented improvement of 3.2pc over the PAT at Rs9.14bn and EPS at Rs7.18 in the corresponding period of the previous year.

The board announced an interim cash dividend at Rs2.60 per share.

Avanceon signs building safety contract

Avanceon Ltd — a company listed on the technology sector — informed the PSX that Avanceon FZE (Abu Dhabi), a wholly owned subsidiary of Avanceon Ltd, has secured a high-value contract to deploy a state-of-the-art building fire alarm protection system.

The upgrade solution would include deployment of a comprehensive fire and safety system for an offshore island’s substation buildings and warehouse areas.

AGP Ltd plans briefing for investors

AGP Ltd — the pharma firm — stated that it would hold a Corporate Briefing Session (CBS) on Aug 5 to brief investors and analysts about the successful acquisition of a portfolio of 22 pharmaceutical brands from Sandoz AG, a company organised under the laws of Switzerland, which are commercialised in Pakistan under the Sandoz brand.

Published in Dawn, July 31st, 2021

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