KARACHI: The Oil and Gas Development Company (OGDC) posted 9MFY20 profit after tax (PAT) at Rs83.6 billion and earnings per share (EPS) at Rs19.45.

This showed a slight decline of 2pc from PAT at Rs85.3bn and EPS at Rs19.84 in same period last year.

The board skipped a dividend.

Lucky Cement profits fall

Lucky Cement reported net PAT of Rs4.65bn after deducting Rs1.03bn attributable to non-controlling interests for the nine months ended March 31.

It translated into EPS at Rs14.38 per share, from Rs28.64.

On a standalone basis, PAT amounted to Rs2.94bn, down 64.6pc, from Rs8.29bn while EPS worked out at Rs9.08, from Rs25.65.

Indus Motor income dips

Indus Motor Company unveiled 3QFY20 PAT of Rs2.68bn (EPS: Rs34.09), lower by 20pc from Rs3.35bn (EPS: Rs42.56).

Analysts said the earnings came in above industry expectations on the back of higher-than-expected gross margin. Along with the results, the company also announced a cash dividend of Rs10 per share for 3QFY20.

MLCF bottom line turns red

Maple Leaf Cement Factory (MLCF) announced loss after tax for 9MFY20 at Rs2.73bn and loss per share at Rs2.48.

It replaced the PAT of Rs1.70bn and EPS of Rs1.98 in corresponding period of THE previous year.

Published in Dawn, April 25th, 2020