DG Khan Cement posts loss
KARACHI: DG Khan Cement Company Ltd (DGKC) on Thursday announced financial results for the 1HFY20, posting loss of Rs847 million, which translated to loss per share at Rs1.93. It compared with profit after tax at Rs1,742m and earnings per share (EPS) at Rs3.98 in the corresponding period last year.
For the 2QFY20, the company recorded profit after tax (PAT) of Rs581m and EPS at Rs1.33m, down by 56pc year-on-year.
Nishat Power earnings jump: Nishat Power Ltd (NPL) declared PAT at Rs1.16bn and EPS at Rs3.27 for the 2QFY20 up by 27pc from PAT at Rs915m (EPS: Rs2.58) in the same period last year. It took the 1HFY20 earnings to Rs2,497m (EPS: Rs7.05), up 31pc over PAT at Rs1,899m and EPS at Rs5.36 year-on-year. Along with the results the company announced a cash dividend of Re1 per share.
Published in Dawn, February 14th, 2020