PIBTL manages to earn profits on account of rise in volume handling

06:48
February 14, 2020
MG

February 14, 2020 (MLN): Pakistan International Bulk Terminal Limited (PIBTL) has earned net profits of Rs 864.7 million for six months period ended on December 31^st, 2019, against the losses of Rs 1.4 billion incurred in the corresponding period of last year.

The company successfully managed to earn profits mainly on the basis of strong coal demand arising from Cement and Power sectors and stable exchange rate outlook.

Revenues of the company from services rose by 42% YoY to Rs 4.8 billion with relatively slower growth in costs, as a result, company’s gross margins surged from 23% to 31% during the period mentioned above.

Moreover, the company observed exchange gains of Rs 420.9 million on USD denominated loans due to PKR stability which provided comfort to the earnings. Last year, company incurred exchange losses of Rs 1.1 billion on account of PKR depreciation.

Profit and Loss Account for the half-year ended December 31, 2019 ('000 Rupees)
	Dec-19	Dec-18	% Change
Revenue – net	4,849,831	3,412,385	42.12%
Cost of services	(3,332,067)	(2,611,527)	27.59%
Gross profit/(loss)	1,517,764	800,858	89.52%
Administrative expenses	(217,879)	(203,542)	7.04%
Other income	61,824	46,587	32.71%
Finance cost	(675,119)	(1,013,270)	-33.37%
Exchange gain/ loss	420,965	(1,126,238)	–
Loss before taxation	1,107,555	(1,495,605)	–
Taxation	(242,851)	32,068
Loss after taxation	864,704	(1,463,537)	–
Earnings per share – basic and diluted (Rupees)	0.480	(0.850)	–

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Posted on: 2020-02-14T11:48:00+05:00

32747

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.20000	278.40000	278.40000	278.20000	01:03 PM
2	EUR	1.06516	1.06520	1.06520	1.06516	03:50 PM
3	GBP	1.23680	1.23710	1.23710	1.23680	03:50 PM
4	CHF	0.91042	0.91054	0.91054	0.91042	03:50 PM
5	JPY	154.60900	154.61500	154.61500	154.60900	03:50 PM
6	CAD	1.37522	1.37535	1.37535	1.37522	03:50 PM
7	AUD	0.64166	0.64170	0.64170	0.64166	03:50 PM
8	INR	83.37830	83.37880	83.37880	83.37830	03:50 PM
9	SAR	3.75120	3.75140	3.75140	3.75120	12:50 AM
10	AED	3.67210	3.67310	3.67310	3.67210	11:59 PM
11	HKD	7.83360	7.83370	7.83370	7.83360	03:50 PM
12	CNH	7.25243	7.25303	7.25303	7.25243	03:50 PM
13	CNY	7.24030	7.24040	7.24040	7.24030	07:10 PM
14	THB	36.86000	36.88000	36.88000	36.86000	03:50 PM
15	MYR	4.78150	4.78650	4.78650	4.78150	12:29 PM
16	IDR	16,203.00000	16,217.00000	16,217.00000	16,203.00000	03:50 PM
17	SGD	1.36180	1.36197	1.36197	1.36180	03:50 PM
18	NZD	0.58855	0.58861	0.58861	0.58855	03:50 PM
19	MXN	17.12400	17.12900	17.12900	17.12400	03:50 PM
20	TRY	32.57320	32.59470	32.59475	32.57322	03:50 PM
21	SEK	10.93330	10.93630	10.93635	10.93331	03:50 PM
22	ZAR	19.08000	19.08750	19.08745	19.07995	03:50 PM
23	NOK	11.02210	11.02790	11.02789	11.02205	03:50 PM
24	DKK	7.00408	7.00469	7.00469	7.00408	03:50 PM
25	ARS	871.13900	871.14800	871.14789	871.13944	03:49 PM
26	BDT	108.06500	111.44600	111.44612	108.06470	07:19 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	08:32 PM
28	BRL	5.19650	5.19950	5.19950	5.19650	03:50 PM
29	KRW	1,375.32000	1,377.32000	1,377.32000	1,375.32000	03:50 PM
30	KWD	0.30836	0.30846	0.30846	0.30836	12:39 AM
31	LKR	298.75800	305.33300	305.33326	298.75827	07:19 AM
32	OMR	0.38498	0.38515	0.38515	0.38498	06:50 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	12:50 AM
34	RUB	93.20000	94.60000	94.60000	93.20000	12:48 PM
35	AFN	71.00000	73.00000	73.00000	71.00000	11:05 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:27 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	12:29 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	12:35 PM
39	UZS	12,670.00000	12,740.00000	12,740.00000	12,670.00000	01:07 PM
40	PHP	57.45800	57.51100	57.51100	57.45800	03:50 PM
42	NGN	1,149.00000	1,153.00000	1,153.00000	1,149.00000	12:36 PM
43	KES	133.00000	134.00000	134.00000	133.00000	12:10 PM
44	AMD	392.60000	392.60000	392.60000	392.60000	07:55 AM
45	TWD	32.54300	32.57300	32.57300	32.54300	03:50 PM
46	XAU	2,387.89000	2,388.10000	2,388.10000	2,387.89000	03:49 PM
47	XAG	28.67320	28.68180	28.68180	28.67320	03:49 PM
48	XPT	932.05000	933.55000	933.55000	932.05000	12:50 AM
49	XPD	1,014.91000	1,022.74000	1,022.73500	1,014.91000	12:50 AM
2,120	VES	36.25120	36.34210	36.34210	36.25125	12:29 PM
2,212	UGX	3,768.41000	3,852.95000	3,852.94560	3,768.40998	07:19 AM
2,213	TZS	2,591.49000	2,591.51000	2,591.51500	2,591.48500	11:41 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,968.98	70,909.904	70,186.93	619.785	0.882	214,724,945.0	13,651,927,649.760	19/04/2024 05:13 PM
ALLSHR	46,573.62	46,547.234	46,105.96	339.379	0.735	475,634,499.0	23,214,193,723.360	19/04/2024 05:13 PM
KSE30	23,393.38	23,376.569	23,058.97	282.759	1.224	116,554,680.0	11,831,374,214.290	19/04/2024 05:13 PM
KMI30	118,779.97	118,572.725	117,247.45	1,218.125	1.038	148,956,005.0	11,119,881,421.450	19/04/2024 05:13 PM
KMIALLSHR	33,051.27	33,022.390	32,695.54	298.524	0.912	317,804,569.0	19,951,289,708.390	19/04/2024 05:13 PM
BKTi	17,861.34	17,826.912	17,489.40	244.864	1.393	16,782,769.0	1,601,100,031.210	19/04/2024 05:13 PM
OGTi	16,766.60	16,652.098	16,435.08	192.159	1.167	13,610,174.0	1,842,349,761.040	19/04/2024 05:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,185.0	65,640.0	59,635.0	525.00
BRENT CRUDE	EB	87.3	90.8	86.2	0.19
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-6.15
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.2	85.6	81.1	0.14
SUGAR #11 WORLD	SB	19.6	19.8	19.3	0.03

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