Earnings Prognosis: OGDC to report decent gains for last quarter

MG News | February 22, 2019 at 10:40 AM GMT+05:00

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February 22, 2019 (MLN): Oil and Gas Development Company (OGDC)’s board of directors meeting is currently underway where the company is expected to review and finalize its financial statement for the period ended December 2018.

The following brokerage houses have shared their projections of the company’s net gains for the last quarter and the cumulative period:

Brokerage House	2QFY19	EPS (% change over year)	1HFY19	EPS (% change over year)
Arif Habib Limited	Rs.28.1 billion	Rs.6.53 (+43%)	Rs.54.8 billion	Rs.12.75 (+50%)
Pearl Securities	Rs.28.5 billion	Rs.6.62 (+45%)	Rs.55.2 billion	Rs.12.83 (+51%)
Ismail Iqbal	Rs.28.9 billion	Rs.6.71 (+47%)	Rs.55.6 billion	Rs.12.93 (+52%)
Next Capital	Rs.29.8 billion	Rs.6.9 (+52%)	Rs.56.36 billion	Rs.13.1 (+54%)
IGI Securities	Rs.26.98 billion	Rs.6.27 (+37%)	Rs.53.7 billion	Rs.12.49 (+46%)

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