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

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SNGPL relieves off 717 employees

August 27, 2021 (MLN): Sui Nothern Gas Pipeline Limited (SNGPL) has relieved off 717 employees (195 Executives & 522 Subordinate staff) who were earlier reinstated /regularized in Company service as a result of Sacked Employees

SHELL observes earning turnaround in 1HCY21

August 26, 2021 (MLN): Shell Pakistan Limited has observed a turnaround in earnings to Rs2.15billion (EPS:11.07) for the half year ended on June 30, 2021, compared to the net losses of Rs7.87bn (LPS: 50.93) incurred

PSX Closing Bell: One Foot Out the Door

Aug 26, 2021 (MLN): The domestic equity market continued the bearish momentum today as the benchmark KSE100 index lost 272.63 to close at 47,363.27. Market remained dull throughout the session due to ongoing rollover week. Moreover,

MPCL reveals slender increase in fiscal year profits

August 26, 2021 (MLN): The annual net profits of Mari Petroleum Company Limited (MPCL) stood at Rs31.44 billion, registering a nominal increase of 3.7% YoY against a net profit of Rs30.31bn recorded in FY20. This

PKGS: Profits bolstered by 4.6x YoY

August 26, 2021 (MLN): Packages Limited (PKGS)’s net profits during 1HCY21 clocked in at Rs2.95bn, which was 4.6x YoY higher than the net profits of Rs642.29mn earned during same period last year. In line with

NITL to launch two new funds

August 26, 2021: Pakistan’s First Asset Management Company, National Investment Trust Limited (NITL) is in the process of launching two new funds, NIT – Social Impact Fund (NIT-SIF) and NIT- Islamic Money Market Fund (NIT-IMMF).

CHCC turns to profit

August 26, 2021 (MLN): Cherat Cement Limited (CHCC) has announced its FY21 financial results wherein the company has reported a profit after tax of Rs3.21billion (EPS: Rs16.5), a turnaround from the same period when it

Dawood Herculeus witnesses robust growth in 1HCY21

August 26, 2021 (MLN): Dawood Hercules Corporation Limited (PSX: DAWH) has unveiled its financial statement today for the half year ended June 30, 2021, as per which the company witnessed a twofold expansion in its

SYS: Strong tailwind

August 26, 2021 (MLN): System Limited (SYS) has posted a consolidated net profit of Rs1.514billion during the six months for the period ended 30th June 2021, showing a growth of 42% YoY despite recording an

MUGHAL concludes BMR of girder re-rolling mill

August 26, 2021 (MLN): Mughal Iron & Steel Industries has completed BMR of girder re-rolling mill. The aforesaid information was disseminated by the company via notification to Exchange. This will bode well for the company

Lower taxes pull up BIPL’s bottom-line

August 25, 2021 (MLN): BankIslami Pakistan Limited (BIPL) has made profits of Rs1.02 billion for the half-year ended June 30, 2021, depicting an increase of around 8% YoY. However, its pre-tax profit inched lower by

SNGPL relieves off 717 employees

August 27, 2021 (MLN): Sui Nothern Gas Pipeline Limited (SNGPL) has relieved off 717 employees (195 Executives & 522 Subordinate staff) who were earlier reinstated /regularized in Company service as a result of Sacked Employees

SHELL observes earning turnaround in 1HCY21

August 26, 2021 (MLN): Shell Pakistan Limited has observed a turnaround in earnings to Rs2.15billion (EPS:11.07) for the half year ended on June 30, 2021, compared to the net losses of Rs7.87bn (LPS: 50.93) incurred

PSX Closing Bell: One Foot Out the Door

Aug 26, 2021 (MLN): The domestic equity market continued the bearish momentum today as the benchmark KSE100 index lost 272.63 to close at 47,363.27. Market remained dull throughout the session due to ongoing rollover week. Moreover,

MPCL reveals slender increase in fiscal year profits

August 26, 2021 (MLN): The annual net profits of Mari Petroleum Company Limited (MPCL) stood at Rs31.44 billion, registering a nominal increase of 3.7% YoY against a net profit of Rs30.31bn recorded in FY20. This

PKGS: Profits bolstered by 4.6x YoY

August 26, 2021 (MLN): Packages Limited (PKGS)’s net profits during 1HCY21 clocked in at Rs2.95bn, which was 4.6x YoY higher than the net profits of Rs642.29mn earned during same period last year. In line with

NITL to launch two new funds

August 26, 2021: Pakistan’s First Asset Management Company, National Investment Trust Limited (NITL) is in the process of launching two new funds, NIT – Social Impact Fund (NIT-SIF) and NIT- Islamic Money Market Fund (NIT-IMMF).

CHCC turns to profit

August 26, 2021 (MLN): Cherat Cement Limited (CHCC) has announced its FY21 financial results wherein the company has reported a profit after tax of Rs3.21billion (EPS: Rs16.5), a turnaround from the same period when it

Dawood Herculeus witnesses robust growth in 1HCY21

August 26, 2021 (MLN): Dawood Hercules Corporation Limited (PSX: DAWH) has unveiled its financial statement today for the half year ended June 30, 2021, as per which the company witnessed a twofold expansion in its

SYS: Strong tailwind

August 26, 2021 (MLN): System Limited (SYS) has posted a consolidated net profit of Rs1.514billion during the six months for the period ended 30th June 2021, showing a growth of 42% YoY despite recording an

MUGHAL concludes BMR of girder re-rolling mill

August 26, 2021 (MLN): Mughal Iron & Steel Industries has completed BMR of girder re-rolling mill. The aforesaid information was disseminated by the company via notification to Exchange. This will bode well for the company

Lower taxes pull up BIPL’s bottom-line

August 25, 2021 (MLN): BankIslami Pakistan Limited (BIPL) has made profits of Rs1.02 billion for the half-year ended June 30, 2021, depicting an increase of around 8% YoY. However, its pre-tax profit inched lower by