Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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NML profits ballooned by 56% YoY in FY21

September 20, 2021 (MLN): Nishat Mills Ltd (NML) has posted a consolidated FY21 net profit of Rs11.21bn (EPS: Rs28.15), up by 56% YoY when compared to Rs8.77bn (EPS:18.07) reported in FY20. The improvement in earnings

DKL in negotiation with Modaraba Al-Mali for its revival

September 20, 2021 (MLN): The management of the Drekkar Kingsway Limited has informed that the company is in negotiation with Modaraba Al-Mali for the revival and rehabilitation of the Company. The aforesaid information was disseminated

Weekly Market Roundup

September 19, 2021 (MLN): This week the benchmark KSE-100 index gained nearly 562 points (1.19% WoW) and closed at 46,636 level. During the week, investors remained cautious ahead of MPS stance earlier on next week,

PSX Closing Bell: Glass Jaw..

September 17, 2021 (MLN): The capital market on Friday remained positive in the first half of the session as the investors were under the influence of PKR’s gaining momentum in the interbank market. However, the bears took

Gas supply to Agritech Ltd restored

September 17, 2021 (MLN): Agritech Limited (AGL) has informed that Sui Northern Gas Pipelines Limited (SNGPL) has restored gas supply to the company’s urea plant. In a notice to PSX, SNGPL through a letter conveyed

NPL: Profitability continues to plunge

September 16, 2021 (MLN): Nishat Power Limited (NPL) has reported consolidated net profits of Rs2.68 billion (EPS: Rs 7.57) during FY21, depicting a decline of around 45% YoY against net profits of Rs4.87bn (EPS: Rs

PSX Closing Bell: One Headlight

September 16, 2021 (MLN): The investors at the Pakistan Stock Exchange cheered the notable appreciation of Pakistani Rupee (PKR) against US dollar in the interbank market today as it boosted their confidence in the local bourse which

Nepra approves Modification in Generation License of KEL

September 16, 2021 (MLN): National Electric Power Regulatory Authority (NEPRA) has approved Modification in Generation Licence No. GL/04/2002 dated November 18, 2002, in respect of K-Electric Limited (KEL). The modification was approved pursuant to Section-26

NPL recommends winding up Lalpir Power Ltd

September 16, 2021 (MLN): The Board of Directors of Nishat Power Limited (NPL) in its meeting held today, has recommended the voluntary winding up of Lalpir Solar Power (Private) Limited, a wholly owned subsidiary of

PSX recomposes KSE-100 Index

September 16, 2021 (MLN): The Pakistan Stock Exchange Limited has carried out the Re-Composition exercise of KSE-100 Index Companies for the review period from March 2021 to August 2021, as per the Re-Composition Rules of

NCCPL to collect capital gain tax on Sept 24

September 16, 2021 (MLN): National Clearing Company of Pakistan Limited (NCCPL) on Thursday announced that it will collect capital gain tax (CGT) from clearing members and Pakistan Mercantile Exchange (PMX) for the month of July’21

Citi Pharma to establish its subsidiary in Uzbekistan

September 16, 2021 (MLN): The Management of the Citi Pharma Limited has informed through a notification to exchange that the agreement has been signed between the company and Deputy Governor Namangan Region, Uzbekistan to establish

Ufone awarded 4G spectrum license

September 15, 2021: Pakistani Telecom Company, Ufone has been awarded Next Generation Mobile Services (NGMS) spectrum by Pakistan Telecommunication Authority (PTA) as a result of the recently held spectrum auction.   The company won the

NML profits ballooned by 56% YoY in FY21

September 20, 2021 (MLN): Nishat Mills Ltd (NML) has posted a consolidated FY21 net profit of Rs11.21bn (EPS: Rs28.15), up by 56% YoY when compared to Rs8.77bn (EPS:18.07) reported in FY20. The improvement in earnings

DKL in negotiation with Modaraba Al-Mali for its revival

September 20, 2021 (MLN): The management of the Drekkar Kingsway Limited has informed that the company is in negotiation with Modaraba Al-Mali for the revival and rehabilitation of the Company. The aforesaid information was disseminated

Weekly Market Roundup

September 19, 2021 (MLN): This week the benchmark KSE-100 index gained nearly 562 points (1.19% WoW) and closed at 46,636 level. During the week, investors remained cautious ahead of MPS stance earlier on next week,

PSX Closing Bell: Glass Jaw..

September 17, 2021 (MLN): The capital market on Friday remained positive in the first half of the session as the investors were under the influence of PKR’s gaining momentum in the interbank market. However, the bears took

Gas supply to Agritech Ltd restored

September 17, 2021 (MLN): Agritech Limited (AGL) has informed that Sui Northern Gas Pipelines Limited (SNGPL) has restored gas supply to the company’s urea plant. In a notice to PSX, SNGPL through a letter conveyed

NPL: Profitability continues to plunge

September 16, 2021 (MLN): Nishat Power Limited (NPL) has reported consolidated net profits of Rs2.68 billion (EPS: Rs 7.57) during FY21, depicting a decline of around 45% YoY against net profits of Rs4.87bn (EPS: Rs

PSX Closing Bell: One Headlight

September 16, 2021 (MLN): The investors at the Pakistan Stock Exchange cheered the notable appreciation of Pakistani Rupee (PKR) against US dollar in the interbank market today as it boosted their confidence in the local bourse which

Nepra approves Modification in Generation License of KEL

September 16, 2021 (MLN): National Electric Power Regulatory Authority (NEPRA) has approved Modification in Generation Licence No. GL/04/2002 dated November 18, 2002, in respect of K-Electric Limited (KEL). The modification was approved pursuant to Section-26

NPL recommends winding up Lalpir Power Ltd

September 16, 2021 (MLN): The Board of Directors of Nishat Power Limited (NPL) in its meeting held today, has recommended the voluntary winding up of Lalpir Solar Power (Private) Limited, a wholly owned subsidiary of

PSX recomposes KSE-100 Index

September 16, 2021 (MLN): The Pakistan Stock Exchange Limited has carried out the Re-Composition exercise of KSE-100 Index Companies for the review period from March 2021 to August 2021, as per the Re-Composition Rules of

NCCPL to collect capital gain tax on Sept 24

September 16, 2021 (MLN): National Clearing Company of Pakistan Limited (NCCPL) on Thursday announced that it will collect capital gain tax (CGT) from clearing members and Pakistan Mercantile Exchange (PMX) for the month of July’21

Citi Pharma to establish its subsidiary in Uzbekistan

September 16, 2021 (MLN): The Management of the Citi Pharma Limited has informed through a notification to exchange that the agreement has been signed between the company and Deputy Governor Namangan Region, Uzbekistan to establish

Ufone awarded 4G spectrum license

September 15, 2021: Pakistani Telecom Company, Ufone has been awarded Next Generation Mobile Services (NGMS) spectrum by Pakistan Telecommunication Authority (PTA) as a result of the recently held spectrum auction.   The company won the