Daily Corporate Roundup

February 15, 2019 (MLN): Baluchistan Wheels Limited has reported Profit after Tax of $ 53 billion for the half year ended December 31, 2018, almost 22.7% higher than that of same period last year. This progress in net earnings stemmed from improved top-line earnings as well as reduced cost of sales.

On the other hand, Ali Asghar Textile Mills Limited has reported Loss after Tax of Rs. 3.3 million for the six months period ended December 31, 2018. The company’s financial positon received a major blow from reduction in sales revenue and increase in cost of sales.

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Posted on: 2019-02-15T17:27:00+05:00