OGDC earns Rs27.3bn.

KARACHI -- Oil and Gas Development Company (OGDC) declared profit after tax (PAT) at Rs27.316 billion and earnings per share (EPS) at Rs6.35 in 1QFY20.

This represented a modest increase of 2pc over PAT at Rs26.735bn and EPS Rs6.22 in same quarter last year. The board also announced a cash dividend of Rs2.50 per share. Net sales rose 7pc to Rs66.2bn, from Rs61.8bn.

Pak Suzuki incurs Rs1.2bn loss

Pak Suzuki Motor Company posted loss after tax at Rs1.161bn and loss per share at Rs14.11 for 3QCY19.

This was in contrast with PAT of Rs95 million and EPS Rs1.15 in corresponding period of 2018.

Similarly, 9MCY19 loss stood at Rs2.687bn (LPS: Rs32.64) as against profit of Rs1.392bn (EPS: Rs16.92) in similar period last year. Sales for the 3Q dropped 4pc to Rs25.6bn, from Rs26.6bn, while for the 9MCY19, sales rose 2pc to Rs91.1bn, from Rs89.0bn.

FFBL bottom line turns red

Fauji Fertiliser Bin Qasim Ltd (FFBL) reported 3QCY19 loss of Rs467m (LPS: Rs0.50) as against profit of Rs790m (EPS: Rs0.85) in same period last year.

Earnings were down due to significant hit on margins while topline grew 19pc to Rs22.2bn, from Rs18.6bn.

DG Khan Cement bleeds Rs1.4bn

DG Khan Cement Company (DGKC) recorded loss after tax (LAT) of Rs1.428bn (LPS: Rs3.26) compared to earnings of Rs418m (EPS: Rs0.95) in...