Karachi, February 20, 2015 (PPI-OT): Indus Motor Company Limited (INDU) announced 1HFY15 results today, where the company posted earnings of Rs3,143mn (EPS: Rs39.99), up 132% YoY. The result was in-line with JS Securities Limited’s expectation of Rs2,958mn (EPS: Rs37.63). The company also announced an interim cash dividend of Rs20/share. In 2Q alone, earnings clocked in ...

Islamabad, February 20, 2015 (PPI-OT): In continuation of the numerous steps taken to improve the financial sector and to restore the confidence of the investors, the SECP under the leadership of Mr. Zafar Hijazi has approved substantial amendments to the regulatory framework for the non-bank financial (NBF) sector inviting public’s comments. The idea is to ...

Karachi, February 20, 2015 (PPI-OT): Mr. S. M. Munner, Chief Executive TDAP, cordially invites the Media to attend the Press briefing scheduled to be held on 23rd February 2015 at about 12:00 Noon Monday at TDAP HQ, 3rd Floor Conference Room, A – Block 3rd Floor, FTC Building, Shahra – e – Faisal Karachi. Mr. ...

Karachi, February 20, 2015 (PPI-OT): TDAP, being regular participant in the show for the last many years, successfully participated in Magic Market shows started on 16 Feb 2015. This year twenty-seven companies from Pakistan exhibited their products in the show under the umbrella of TDAP. Out of these 27 companies, eight companies’ showcased martial arts ...

Karachi, February 20, 2015 (PPI-OT): As per a Bloomberg ticker, DGKC has once again affirmed its stance on expanding its current plant capacity (~4.2mn tons) to ~6.7mn tons by way of a greenfield expansion where the company will be installing a new plant near Hub, Baluchistan. The lead time from the financial close of the ...

Karachi, February 20, 2015 (PPI-OT): Indus Motor Company (INDU) announced its financial result for 1HFY15 where the company posted NPAT of PkR3.1bn (EPS: PKR39.99) vs. NPAT of PkR1.4bn (EPS: PkR17.20) in 1HFY14, translating into a robust growth of 132%YoY. Alongside the result, the company announced an interim cash dividend of PkR20/share. The result was above ...

Islamabad, February 20, 2015 (PPI-OT): Finance Minister, Senator Mohammad Ishaq Dar here on Friday chaired an Inter-Ministerial meeting on Implementation Status of the Decisions of the Pak-Afghanistan JEC meeting between held on November 13, 2014. The Minister was informed that among the most significant projects, there was speedy headway being made with regard to CASA ...