October 22, 2012 - AsiaNet-Pakistan

Archive for October 22nd, 2012

AKD Quotidian about — DGKC: 1QFY13 Result Preview

[ 0 ] October 22, 2012 |

Karachi, October 22, 2012 (PPI-OT): D.G. Khan Cement Company Limited (DGKC) is scheduled to announce its 1QFY13 result on Oct 24’12. AKD Securities expects the company to post earnings of PKR 1.35 billion (EPS: PKR 3.09) compared to earnings of PKR 317.7 million (EPS: PKR 0.73) during the corresponding period last year – a growth […]

Read More

The Bell about Electricity – Elixir Securities Limited

[ 0 ] October 22, 2012 |

Karachi, October 22, 2012 (PPI-OT): NPL: 1QFY13 EPS expected at PKR 1.56 According to Elixir Securities Limited, NPL Outstanding shares: 354 million PKR million 1QFY12A 1QFY13E YoY Turnover 6,264 4,748 -24% Cost of sales 5,071 3,605 -29% Gross Profit 1,193 1,143 -4% Administrative expenses 20 20 2% Other Operating Income 6 6 8% Profit from […]

Read More

Pakistan Telecommunication Company’s Internship Programme

[ 0 ] October 22, 2012 | Telecommunication

Karachi, October 22, 2012 (PPI-OT): To impart practical exposure and learning opportunities, Pakistan Telecommunication Company Limited (PTCL) has opened its doors to the educated youth of the country through a special One-year Paid Internship Program. As part of PTCL’s Corporate Social Responsibility (CSR) initiatives, PTCL One-Year Paid Internship Program is a systematic and transparent effort. […]

Read More

Warid Brings Nano SIM

[ 0 ] October 22, 2012 | General Business News

Lahore, October 22, 2012 (PPI-OT): Warid Telecom, the most reputed cellular service provider of Pakistan now brings Nano SIM. Aimed at providing its customers with the state-of-the-art technology and services, Warid now enables them to use the iPhone5 on its country-wide finest network. Carrying on with its tradition of excellence with the launch of Warid […]

Read More

Pearl Shine Group International enter into partnership with world’s largest B2B portals

[ 0 ] October 22, 2012 | General Business News

Karachi, October 22, 2012 (PPI-OT): Pearl Shine Group International (PSGI), a nationally and internationally recognized diversified group of companies, recently entered into a strategic partnership with one of the world’s largest B2B portals, Alibaba.com. The platform provides an online space that brings together buyers and sellers to communicate, collaborate and carry out global trade. More […]

Read More

Morning Briefing for October 22, 2012 – Standard Capital

[ 0 ] October 22, 2012 | Brokerage

Karachi, October 22, 2012 (PPI-OT): FFC 3Q figures remained below par but worst may be over FFC reported flat earnings during 9MCY12 wherein urea off-take increased only in last week of September once the prices of Urea were brought down by FFC management. According to Standard Capital, this resulted in miniscule decrease in y-o-y PAT […]

Read More

State Bank of Pakistan signs Agency Agreement with People’s Bank of China

Karachi, October 22, 2012 (PPI-OT): Dr. Zhou Xiaochuan, Governor – The People’s Bank of China and Yaseen Anwar, Governor – State Bank of Pakistan signed an Agency Agreement regarding Bond Investment in the Interbank Bond Market of China, which permits State Bank of Pakistan to conduct investment activity in the Chinese Interbank Bond Market. The […]

Read More

Restoration of trading in shares of Redco Textile Mills Limited with effect from October 23

[ 0 ] October 22, 2012 | General Business News

Lahore, October 22, 2012 (PPI-OT): Redco Textiles Limited has rectified the default of Listing Regulation No. 30(1) (e) and (g) i.e. payment of outstanding dues of the Lahore Stock Exchange and induction of ordinary shares of the Company into CDS. The ordinary shares of the Company have been declared eligible for book entry transactions by […]

Read More

JCR-VIS Credit Rating Company maintains rating of Silk Bank Limited (SBL) at ‘A-’

[ 0 ] October 22, 2012 | General Business News

Karachi, October 22, 2012 (PPI-OT): JCR-VIS Credit Rating Company Limited has maintained the medium to long-term entity rating of Silk Bank Limited (SBL) at ‘A-’ (Single A Minus). Short-term term rating has been adjusted from ‘A-2’ (A-Two) to ‘A-3’ (A-Three). Ratings continue to be placed under ‘Rating Watch-Developing’ status. The bank remains short of the […]

Read More

Sitara Energy Limited’s board of directors meeting

[ 0 ] October 22, 2012 | Board Meetings

Karachi, October 22, 2012 (PPI-OT): This is to inform you that a meeting of Board of Directors of the Company will be held at 4:00 p.m. on Tuesday, October 30, 2012 at Sitara Tower, New Civil Lines, Dual Chowk, Faisalabad to consider arid approve the First Quarter Un-Audited Accounts for the period ended September 30, […]

Read More

Oil and Gas Development Company Limited’s dispatch of OGDCL final cash dividend (d-44) for the year 2011-12

[ 0 ] October 22, 2012 | Dividend Distribution

Karachi, October 22, 2012 (PPI-OT): We are pleased to inform you that the dividend warrants in respect of Final Cash Dividend (D-44) for the year 2011-12 @ Rs.2.75 per share (27.50% of the Face Value of the share), have been dispatched to the entitled shareholders whose names were appearing in the Register of Members of […]

Read More

Kot Addu Power Company Limited’s meeting in progress

[ 0 ] October 22, 2012 | Board Meetings

Karachi, October 22, 2012 (PPI-OT): This to inform you that the Meeting of the Board of Directors to consider the First Quarter Accounts (un-audited) of the Company for the Period ended September 30, 2012 is still in progress. We will convey the Financial Results to you for the period ended September 30, 2012 on the […]

Read More