By Our Equities Correspondent

KARACHI: Pak Suzuki Motor Company Ltd (PSMC) announced its 1HCY21 financial results declaring profit-after-tax (PAT) at Rs1.197 billion translating into earnings per share (EPS) at Rs14.54. It represented a spectacular turnaround from loss after tax at Rs2.462bn and loss per share at Rs29.92.

Kohat earns Rs3.5bn

Kohat Cement Company Ltd declared PAT at Rs3.50bn and EPS at Rs17.41 for the year ended June 30. Those replaced losses of Rs444m and loss per share of Rs2.21 posted in FY20.

Avanceon profit rises

Avanceon Ltd unveiled results for 1HFY20 to show PAT at Rs487m and EPS at Rs1.91. The earnings represented improvement over PAT at Rs427m and EPS at Rs1.68 in the corresponding period last year.

Ferozsons posts Rs1.29bn profit

Ferozsons Laboratories Ltd declared PAT at Rs1.29bn and EPS at Rs32.39 for the year ended June 30, 2021, up from PAT at Rs423m and EPS at Rs11.51 for FY20.

Published in Dawn, September 1st, 2021