KARACHI, July 31, 2024 – United Bank Limited (UBL) posted impressive consolidated earnings of Rs12.1 per share for the second quarter of 2024 (2Q2024), marking a 17% year-on-year (YoY) increase, although reflecting a 7% quarter-on-quarter (QoQ) decline. The results were in line with market expectations.
(more…)Tag: financial results
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SCBPL Reports 53% Growth in Profit Before Tax for Q1 2024
Karachi, April 29, 2024 – Standard Chartered Bank Pakistan Limited (SCBPL) has announced a significant 53% growth in profit before tax (PBT), reaching Rs 24.7 billion for the first quarter of 2024, a robust indicator of the bank’s financial health and operational efficiency.
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BankIslami Pakistan Surges with 80% Profit Growth in 1Q2024
Karachi, April 27, 2024 – In an impressive financial surge, BankIslami Pakistan Limited announced a stellar 80 percent year-on-year growth in its profits for the first quarter of 2024.
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Allied Bank Reports 51% YoY Profit Surge in First Quarter of 2024
KARACHI: Allied Bank Limited (ABL) has announced a substantial 51% increase in its after-tax profit for the first quarter ended March 31, 2024, reaching Rs 11.6 billion.
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Murree Brewery Posts 84% Profit Surge in Nine Months of FY24
In a robust performance, Murree Brewery Company Limited has recorded a significant 84% increase in its profits for the first nine months of fiscal year 2023-24. The company’s after-tax profit soared to Rs 1.79 billion, up from Rs 973 million in the corresponding period of the previous fiscal year.
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PTCL Declares Rs 4.79 Billion Loss in 1QCY24
Pakistan Telecommunication Company Limited (PTCL) has reported a substantial loss of Rs 4.79 billion for the first quarter of 2024, according to the financial results released on Thursday. This news comes amidst a challenging economic landscape and evolving market dynamics.
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TRG Pakistan Declares Massive Rs 11.47 Billion Loss in 1HFY24
Karachi, March 1, 2024 – TRG Pakistan Limited, a leading player in the technology and business process outsourcing industry, has reported a staggering loss of Rs 11.47 billion for the first half (July – December) of the fiscal year 2023-24.
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Pakistan Stock Exchange Registers 221% Profit Jump in 1HFY24
Karachi, February 28, 2024 – In a surprising turn of events, the Pakistan Stock Exchange (PSX) announced a remarkable 221 percent surge in net profit for the first half (July – December) of fiscal year 2023-24, according to the unconsolidated financial statement released on Wednesday.
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OGDCL Reports Robust 30% Profit Growth in 1HFY24
Karachi, February 27, 2024 – The Oil and Development Company Limited (OGDCL) has delivered an impressive financial performance, announcing a significant 30% growth in net profit for the first half of fiscal year 2023-24.
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HBL Records Phenomenal 84% Growth in Annual Profit for CY23
Karachi, February 23, 2024 – In a remarkable financial performance, Habib Bank Limited (HBL) has reported an impressive 84 percent growth in its annual profit for the calendar year 2023.
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