The Management of Amreli Steels Limited held a Corporate Briefing Session on 10th Feb’21 to discuss the financial result and future outlook. Takeaways · ASTL posted a profit of PKR 312mn (EPS: PKR 1.05) in 2QFY21, against a loss in SPLY and depicting a jump of 2.8x QoQ. · Primary reason behind the growth remained a 21% jump…
§ Total deposits of scheduled banks reached PKR 17,086bn as compared to PKR 14,672bn recorded during last year same period, marking an increase of 16.4% YoY. However, on a monthly basis, deposits were down 4.4% in Jan’21, mainly due to a high base of prior month (PKR 17,875bn in Dec’20). The monthly decline in deposits…
The Management of Fauji Fertilizer Company Limited held a Corporate Briefing Session on 9th Feb’21 to discuss the financial result of CY20 and future outlook. Takeaways · To recall the company posted a bottom-line of PKR 20,819mn (EPS: PKR 16.36) in CY20 against PKR 17,110mn (EPS: PKR 13.45) in CY19, up by 22% YoY on…