TRG Pakistan reports Rs3.6bn profit

Published March 2, 2021
TRG Pakistan Ltd announced its 2QFY21 earnings at Rs3,608m, translating into earnings per share (EPS) at Rs6.60. — Photo courtesy LinkedIn
TRG Pakistan Ltd announced its 2QFY21 earnings at Rs3,608m, translating into earnings per share (EPS) at Rs6.60. — Photo courtesy LinkedIn

KARACHI: TRG Pakistan Ltd announced its 2QFY21 earnings at Rs3,608m, translating into earnings per share (EPS) at Rs6.60.

Topline Securities stated that the driving factor was the inflows of Rs4,241m from the head of share of profit from equity investee’s. IBEX reported a net income of $2.4m in 2QFY21 which translates into a profit of Rs64m. “Given that the break-up of the share of profit from equity investee’s is not available as yet, it is likely that the profits are driven by other investee’s Afiniti, E-Telequote and I-Sky or some gain on remeasurement”, analysts said.

Agha Steel earns over Rs1bn

Agha Steel Industries on Monday announced its financial results for the half year ended on Dec 31, 2020 declaring PAT at Rs1.057bn and EPS at Rs2.13. PAT for the October-December quarter stood at Rs548m and EPS at Rs1.11.

Published in Dawn, March 2nd, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...