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First Al-Noor Modaraba reports surge in profits - 0 views

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    KARACHI: First Al-Noor Modaraba (Pvt.) Ltd profit after taxation reported outshined growth of 170.89 percent year on year (YoY) to Rs 29.892 million during the financial year 2011 (FY11) as compared to Rs 11.034 million in the previous year.
Riffat Mughal

China cotton importers reduce bookings, await quotas -report - 0 views

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    BEIJING: Chinese cotton importers are refraining from booking shipments before April because of uncertainty over the timing and volume of sliding-tariff quotas for 2012, according to a report on an industry web site on Wednesday.
Riffat Mughal

KSE witnesses foreign outflows of $2.33mln - 0 views

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    KARACHI: Foreign Investors' Portfolio Investment (FIPI) data reported by National Clearing Company of Pakistan Limited (NCCPL) revealed that massive outflow of $2.333 million or Rs 202.977 million was witnessed from Karachi Stock Exchange (KSE) during the week ended on December 2, 2011 as compared to net foreign outflows of $3.845 million or Rs 334.566 million reported last week.
Riffat Mughal

PPL makes new gas discoveries at Makori East-1 and Tolanj X-1 - 0 views

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    KARACHI: Pakistan Petroleum Limited (PPL) made two new gas and condensate discoveries, namely Makori East-1 and Tolanj X-1, during the fiscal year ended on June 30, 2011, reported in company's annual report.
Halal Tamweel

ATRL reports healthy profits in FY11 - 0 views

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    KARACHI: Attock Refinery Limited (ATRL) has reported healthy profits of Rs 2.185 billion as compared to Rs 0.126 billion in the previous year, mentioned in a notice issued by the company to Karachi Stock exchange.
Halal Tamweel

Attock Cement reports earnings decline - 0 views

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    KARACHI: Attock Cement (ACPL) has reported 33 percent yearly decline in Net Profit after Tax (NPAT) of the company, recorded at Rs 684.42 million as compared to Rs 1,016.68 million recorded in last year, according to a notice issued by the company to Karachi Stock Exchange (KSE) on Monday.
Riffat Mughal

KIIOF reports net loss of Rs 18.413mln in FY11 - 0 views

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    KARACHI: KASB Islamic Income Opportunity Fund (KIIOF) (formerly KASB Islamic Income Fund) has reported net loss of Rs 18.413 million year on year (YoY) as compared to Rs 5.021 million net profits in the previous year.
Riffat Mughal

Circular debt: PM asks committee to report on Oct 12 - 0 views

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    ISLAMABAD: Rising circular debt issues and ongoing power riots have brought Prime Minister Syed Yousuf Raza Gilani into action as he asked the inter-ministerial committee on energy to submit report in the special Cabinet meeting on October 12.
Riffat Mughal

Analysis: Pakistan Refineries GRMs improved in 1QFY11-12 - 0 views

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    Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.
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    Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.
Riffat Mughal

Pakistan Petroleum to participate in the fourth Exploration Licensing Round in Iraq - 0 views

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    KARACHI: Pakistan Petroleum Limited (PPL), the pioneer of the natural gas industry in the country intends to participate in the fourth Exploration Licensing Round in Iraq, mentioned in company's first quarter report of financial year 2012 (1QFY12).
Riffat Mughal

Pakistan Islamic Banking windows net assets surge by 31.77pct | HALALTAMWEEL.COM - 0 views

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    KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first nine months of the calendar year 2011 (9MCY11) with improved asset base. Net assets of the Islamic banking windows grew by 31.77 percent and stood at Rs 17.647 billion as on Sep 30, 2011 as against Rs 13.393 billion reported on Dec 31, 2010.
Riffat Mughal

Maple leaf reports loss for 2nd consecutive year - 0 views

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    KARACHI: The Board of Directors of Maple Leaf Cement Limited (MLCF) met on Tuesday to review the company's financial and operating performance for the year ended June 30, 2011.
Riffat Mughal

Stocks, euro fall on caution about Europe crisis moves - 0 views

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    SINGAPORE: Asian shares and the euro fell on Monday as investors reacted cautiously to reports that European leaders were working on new ways to stop the fallout from the euro zone sovereign debt crisis wreaking more damage on the world economy.
Riffat Mughal

Bank Islami reports improved earnings - 0 views

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    KARACHI: Bank Islami has announced the financial results for the half year ended on Jun 30, 2011 and showed an immense recovery as compared to last year, according to the notice sent to Karachi Stock Exchange (KSE) on Tuesday.
Riffat Mughal

Noon Pakistan yearly profits surged by 52.28pct in FY11 - 0 views

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    KARACHI: Noon Pakistan Limited (NOPK) profits for the year surged by 52.28 percent year on year (YoY) to Rs 41.551 million in the financial year 2011 (FY11) as compared to Rs 27.285 million reported in the previous year.
Halal Tamweel

NEPRA reduces 65 paisas per unit in KESC tariff - 0 views

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    KARACHI: The curtailment 65 paisas per unit have been approved by National Electric Power Regulation Authority (NEPRA) on Thursday for the consumers in Karachi on Thursday, local media reported.
Riffat Mughal

Sitara Peroxide reports healthy financial result - 0 views

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    KARACHI: The net profit of Sitara Peroxide Limited (SPL) recorded at Rs 166.25 million as compared to loss of Rs 179.145 million recorded in same period last year, according to the notice issued by company to Karachi Stock Exchange (KSE) on Tuesday.
Riffat Mughal

Loadshedding increases as Gas supply to KESC suspended - 0 views

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    KARACHI: Karachi will face 10 hours of increased loadshedding as the gas supply to one of the power plants of Karachi Electric Supply Company (KESC) has been suspended, local TV channels reported on Monday.
Riffat Mughal

WB terms Pakistan's economy worst - 0 views

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    ISLAMABAD: World Bank has termed the economy of Pakistan, worst in the region which has been plunging down rapidly, said the recent report issued by World Bank.
Riffat Mughal

Lotte eyes increase in import tariffs - 0 views

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    SINGAPORE: Lotte Pakistan PTA (LOTPTA) depends on government's decision to increase import tariffs to expand investments in its purified terephthalic acid (PTA) production capacity to 1.5 million tons per year industry, said the report published in ICIS news.
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