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Tag: financial results

OGDCL gas

OGDCL Declares Rs 209 Billion After Tax Profit for FY24

September 24, 2024September 24, 2024Shahnawaz Akhter

Islamabad—The Oil & Gas Development Company Limited (OGDCL) announced a robust financial performance for the fiscal year ending June 30, 2024, posting a profit after tax of Rs 209 billion. The financial results were shared during a Board of Directors (BoD) meeting held in Islamabad on Monday, September 23, 2024.

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National Foods

National Foods Sees 26.35% Profit Decline Despite Strong Sales

September 6, 2024September 6, 2024Shahnawaz Akhter

Karachi, September 6, 2024 – National Foods Limited on Friday reported a significant 26.35% decline in net profit for the fiscal year ended June 30, 2024, despite robust sales growth.

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united bank

UBL Reports Robust 2Q2024 Earnings Growth

July 31, 2024July 31, 2024Shahnawaz Akhter

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.

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Standard Chartered Bank

SCBPL Reports 53% Growth in Profit Before Tax for Q1 2024

April 29, 2024April 29, 2024Faisal Shahnawaz

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

BankIslami Pakistan Surges with 80% Profit Growth in 1Q2024

April 26, 2024April 26, 2024Faisal Shahnawaz

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

Allied Bank Reports 51% YoY Profit Surge in First Quarter of 2024

April 24, 2024April 24, 2024Faisal Shahnawaz

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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Murry

Murree Brewery Posts 84% Profit Surge in Nine Months of FY24

April 22, 2024April 22, 2024Faisal Shahnawaz

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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Pakistan telecom

PTCL Declares Rs 4.79 Billion Loss in 1QCY24

April 18, 2024April 18, 2024Hamza Shahnawaz

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

TRG Pakistan Declares Massive Rs 11.47 Billion Loss in 1HFY24

March 1, 2024March 1, 2024Faisal Shahnawaz

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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PSX Logo

Pakistan Stock Exchange Registers 221% Profit Jump in 1HFY24

February 28, 2024February 28, 2024Faisal Shahnawaz

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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