DAWN.COM

Today's Paper | April 27, 2024

Published 18 Apr, 2014 07:01am

Dozen firms announce results

KARACHI: Around a dozen companies announced financial results on Thursday.

Those includedAbbott, reporting earning per share (eps) at Rs6.43 for first quarter 2014 (1Q2014); EFoods and Askari Bank also for the same quarter posting eps at Rs0.25 and Rs0.81, respectively. EFoods 1stQ eps was down by 71pc YoY, but represented significant improvement over the 4Q2013 loss of Rs0.48.

Oil and gas heavyweights announced results for nine-month ended Mar 31, 2014. Pakistan Oilfields (POL) declared eps at Rs42.71, up 17pc over eps at Rs36.46 YoY; Attock Petroleum (APL) eps amounted to Rs44, representing improvement of 22pc over eps at Rs35.50 YoY; National Refinery (NRL) came up with eps at Rs4.73 and Attock Refinery (ARL) with eps at Rs21.64.

Several investment analysts observed that POL, APL and NRL announcements turned out belowexpectations while ATRL’s earnings beat market consensus. AKBL was also thought to have announced better-than-expected March quarter results.

Read Comments

Punjab CM Maryam’s uniformed appearance at parade causes a stir Next Story