KARACHI: Pakistan Ref­i­nery Ltd told investors on Monday its earnings for 2021-22 clocked in at Rs12.5 billion, up 13.4 times from the preceding year.

In a stock notice on Monday, the crude refiner stated its revenue for the year grew more than two times to Rs191.3bn.

It didn’t declare any payout.

Samba Bank earnings drops 79pc: Samba Bank Ltd registered a year-on-year drop of 79.2pc in its three-month earnings, which amounted to Rs95.2 million for the April-June quarter.

A stock notification on Monday showed the bank’s net profit for the first six months of the current year increased 179.4pc to Rs339.2m on a year-on-year basis.

The bank didn’t announce any dividend.

PICT quarterly income dips: Pakistan International Container Terminal Ltd (PICT) said on Monday its net income in the April-June quarter remained Rs452.9m, down 41.5pc from a year ago.

A stock notice showed the company’s half-yearly profit declined 20pc year-on-year to Rs1.38bn.

The terminal operator also declared a dividend of Rs5 per share, which is in addition to the already paid interim payout of Rs8.50 per share.

Published in Dawn, August 23rd, 2022