PHDL quarterly profit surges 14-fold

MG News | October 28, 2024 at 03:23 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

October 28, 2024 (MLN): Pakistan Hotels Developers Limited (PSX: PHDL) earned a net profit of Rs232.64 million [EPS: Rs12.92] during the quarter ending September 2024, up 1280.5% from Rs16.85m [EPS: Rs0.94] in the same period last year (SPLY).

That was on the back of other income of Rs201.98m earned in Q1 FY25.

The company's revenue from discontinued operations fell by 53.4% to Rs90m. Gross profit fell 66.0% to Rs23.59m in Q1 FY25.

The gross margins worsened to 30.1% as compared to 41.3% in SPLY.

Copyright Mettis Link News

Related News

PSX Closing Bell: Falls Off A Cliff

Kohat Cement clarifies no court order to halt coal-fired plant project

PSX Opening Bell: Red Dawn

Name	Price/Vol	%Chg/NChg
KSE100	179,927.05 365.01M	-1.27% -2314.73
ALLSHR	109,270.69 838.76M	-1.19% -1312.98
KSE30	53,705.71 89.34M	-1.33% -726.00
KMI30	253,531.92 109.38M	-1.32% -3382.29
KMIALLSHR	70,152.63 543.97M	-1.25% -888.68
BKTi	50,997.50 18.73M	-1.38% -715.26
OGTi	36,216.08 8.18M	-1.21% -443.50

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,220.00	62,310.00 61,925.00	-130.00 -0.21%
BRENT CRUDE	83.32	83.86 77.28	7.31 9.62%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.15 -1.08%
ROTTERDAM COAL MONTHLY	119.35	119.35 119.35	2.00 1.70%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	79.07	79.14 77.86	0.93 1.19%
SUGAR #11 WORLD	14.76	14.98 14.62	-0.12 -0.81%