Karachi, October 25, 2012 (PPI-OT): The Pak Rupee has dropped to a record low of 95.77 against US dollar on Wednesday loosing 27 paisas in a day due to a sharp rise in the demand for US Dollar to meet import proceeds. According to Alfalah Securities Limited, the weakening of …
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AKD Quotidian about — PSO: 1QFY13 Result Preview
Karachi, October 25, 2012 (PPI-OT): Pakistan State Oil is scheduled to announce its 1QFY13 result later today. According to AKD Securities expects the company to announce NPAT of PKR 2.83 billion against NPAT of PKR 2.48 billion in the same period last year. The result translates into EPS of PKR …
Read More »Cement exports value rise in 1QFY13 – Alfalah Securities Limited
Karachi, October 25, 2012 (PPI-OT): Cement exports value in USD have witnessed a growth of 42.35% amounting to USD 146.321 million during 1QFY13 as compared to the same period last year however the exports in terms of quantity recorded a drop of 12% YoY to 1,899,791 MT in 1QFY13, according …
Read More »SC questions on CNG pricing formula – Alfalah Securities Limited
Karachi, October 25, 2012 (PPI-OT): Supreme Court (SC) of Pakistan has sought explanation on the pricing formula determined by Oil and Gas Regulatory Authority (Ogra) under which the domestic CNG prices are linked with imported petrol on a weekly basis. According to Alfalah Securities Limited, in this regard, SC has …
Read More »Restoration of trading in Shares of Sakrand Sugar Mills with effect from November 5
Lahore, October 25, 2012 (PPI-OT): It is hereby informed to all concerned that Sakrand Sugar Mills Limited has rectified the default of Listing Regulation No. 30(1)(g) .The ordinary shares of the Company have been declared eligible for book entry transactions by the Central Depository Company of Pakistan Limited with effect …
Read More »Pakistan Telecommunication Company introduces lowest International call rates
Karachi, October 25, 2012 (PPI-OT): Pakistan Telecommunication Company Limited (PTCL) has introduced lowest international call rates for its landline customers. With this offer, PTCL customers can call at only Rs 1.25 per 30 seconds to over 20 international destinations. PTCL has decreased international calling tariffs to facilitate its customers so …
Read More »French, German companies providing funds to Water and Power Development Authority for study and construction of hydropower projects
Lahore, October 25, 2012 (PPI-OT): The two European development agencies namely AFD of France and KFW of Germany have been providing funds to the Pakistan Water and Power Development Authority (WAPDA) for study and construction of four hydropower projects. These include the 35 (megawatt) MW-Harpo, the 122 MW-Keyal, the 40-MW …
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