TRG Pakistan posts Rs2.41bn profit

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

Add Mettisglobal as a Trusted Source on Google

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	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	78.93	79.14 77.86	0.79 1.01%
SUGAR #11 WORLD	14.76	14.98 14.62	-0.12 -0.81%