Shell posts Rs4.82bn loss.

KARACHI -- Shell Pakistan Ltd on Tuesday reported a loss after tax of Rs4.82 billion and loss per share at Rs45.05 compared to loss of Rs1.49bn and loss per share at Rs13.88 incurred in 2019.

The company stated in a press statement that the second half of the year saw significant recovery with a profit after tax in comparison to a very tough first half of the year primarily affected by the global pandemic resulting in declining fuels market and volatility in the international oil prices.

BoK profit surges 64pc

Bank of Khyber (BoK) disclosed a profit-after-tax (PAT) of Rs2.15bn and earnings per share (EPS) at Rs2.15 for the year ended Dec 31, 2020, up 64pc from PAT at Rs1.31bn and EPS at Rs1.31 in 2019. Directors declared a final cash dividend at Rs1.50 per share along with bonus shares at 5pc.

Sanofi posts 218pc rise in earnings

Sanofi-Aventis unveiled its CY20 PAT at Rs493m and EPS at Rs51.12, representing stellar gains of 218pc over PAT at Rs155m and EPS at Rs16.05 the earlier year. The board recommended a final cash dividend at Rs20 per share.

PSX, NIFT sign pact for new payment system

Pakistan Stock Exchange (PSX) and National Institutional Facilitation Technologies (NIFT) signed an...