Company results/dividends for 29th Oct.2007
October 29, 2007Sui North Gas : Eps : 1.84
Askari Bank : Eps : 6.18
D.G.K.Cement : Eps : 1.06
Soneri Bank : Eps : 2.31
CCBL : Eps : -0.79
Bank Alfalah : Eps : 4.63
J.O.V.C : Eps : -3.59
Arif Habib Ltd : Eps : 4.59
Pakistan State Oil : 50% Cash : Eps : 12.26
Adamjee Insurance : Eps : 15.10
Pakistan State Oil (PSO) said on Monday its first quarter net profit for the 2007/08 financial year rose 277 percent to 2.13 billion rupees ($35 million) due to inventory gains and higher volume growth.Net profit for the three months to end September was up from 566.5 million rupees a year earlier… Aaj News
Bank Alfalah Ltd., a Pakistani lender, said third-quarter profit more than doubled because of higher income from trading securities. Net income rose to 1.78 billion rupees ($29 million), or 2.73 rupees a share, in the three months ended Sept. 30, from 528.3 million rupees, or 0.89 rupee, a year earlier…Revenue rose to 4.96 billion rupees from 2.4 billion rupees…The bank’s income from loans rose to 6.81 billion rupees in the third-quarter, from 5.48 billion rupees a year ago. Income from fees and trading climbed to 2.85 billion rupees from 845.7 million rupees a year ago…Source : Bloomberg
D.G. Khan Cement Ltd., Pakistan’s second-biggest maker of the building material, posted a 44.6 percent decline in first-quarter profit. Net income fell to 267.9 million rupees ($4.4 million), or 1.06 rupees a share in the three months ended Sept. 30, from 483.9 million rupees, or 1.85 rupees, a year earlier…Sales rose to 2.23 billion rupees from 1.85 billion rupees,a year ago… Source : Bloomberg
Sui Northern Gas Co., Pakistan’s biggest gas distributor, posted a 30 percent increase in first- quarter profit. Net income rose to 1.01 billion rupees ($16.7 million), or 1.84 rupees a share, in the three months ended Sept. 30, from 776.8 million rupees, or 1.41 rupees..Revenue rose to 32 billion rupees from 31.6 billion rupees a year ago…Source: Bloomberg
Askari Bank Ltd., the Pakistani lender run by the army’s Fauji Foundation, said third-quarter profit fell 40 percent because of higher expenses and a loss on trading securities.
Net income fell to 367.8 million rupees ($6 million) or 1.22 rupees a share in the three months ended Sept. 30, from 615.2 million rupees, or 2.05 rupees, a year earlier… Revenue rose to 2.04 billion rupees from 1.89 billion rupees… Source : Bloomberg
