TRG Pakistan posts Rs2.41bn profit

News Image

By MG News | Category Q32024 | October 29, 2024 at 09:23 AM GMT+05:00

0:00

October 29, 2024 (MLN): TRG Pakistan Limited (PSX: TRG) reported its profit and loss statement for the first quarter of FY25, wherein the net profit clocked in at Rs2.41 billion compared to a loss of Rs9.09bn in the same period last year (SPLY).

That translates to earning per share of Rs4.41 as against a loss per share of Rs15.66 in SPLY.

After accounting for Items that may be reclassified to statement of profit or loss in subsequent periods, the total comprehensive profit for the July-September quarter stood at Rs2.31bn compared to a loss of Rs8.54bn in SPLY.

The income statement was primarily driven by the changes in value of its share in TRGIL.

TRG's share of the net profit in its equity accounted investee, TRGIL, was Rs2.99bn for the quarter, likely because of the increase in the public share price of Ibex during the period.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 121,641.00
407.56M
-0.13%
-157.87
ALLSHR 75,951.71
854.04M
-0.10%
-76.82
KSE30 36,827.89
67.82M
-0.42%
-156.03
KMI30 181,199.42
117.76M
-0.38%
-696.40
KMIALLSHR 52,088.08
592.55M
-0.27%
-143.41
BKTi 29,808.04
22.21M
-0.83%
-249.97
OGTi 27,075.99
4.68M
-0.75%
-203.95
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,060.00 105,945.00
101,390.00
2845.00
2.78%
BRENT CRUDE 66.65 66.67
64.80
1.31
2.00%
RICHARDS BAY COAL MONTHLY 90.00 90.75
90.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 101.80 102.40
101.00
1.25
1.24%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.77 64.80
62.82
1.40
2.21%
SUGAR #11 WORLD 16.51 16.59
16.32
-0.06
-0.36%

Chart of the Day


Latest News
June 05, 2025 at 10:09 PM GMT+05:00

Trump, Xi speak on trade, agree to ongoing talks


June 05, 2025 at 09:29 PM GMT+05:00

SBP revises regulations to support SMEs



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg