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Category Archives: Financial Results

Financial results of First National Equities Limited for period ended September 30, 2014

Karachi, First National Equities Limited informed Karachi Stock Exchange about recommendations made by board of directors in the meeting held at Lahore on October 31, 2014. The agenda of the meeting was discussion of un-audited interim profit and loss account for period ended September 30, 2014 which portrayed a profit of Rs. 7,468,571 and earnings per share 0.05 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. First National Equities Limited is a limited liability company incorporated in Pakistan under the Companies Ordinance, 1984. The company has trading rights entitlement certificate of the Karachi Stock Exchange. The principal activities of the business include shares brokerage, consultancy services and IPO underwriting. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The company deals with the trading of over 625 stocks which are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The brokerage division of the company deals with stocks, Pakistan investment bonds, treasury bills TFCs / corporate bonds, national investment trust units, certificates of investments and letter of placements. The company also manages securities based financing, syndication, privatization, project advisory, mergers and acquisitions and credit rating advisory. The symbol “FNEL” is being used by the stock exchange for the shares of First National Equities Limited.

The post Financial results of First National Equities Limited for period ended September 30, 2014 appeared first on AsiaNet-Pakistan.

Financial results of Yousaf Weaving Mills Limited for period ended September 30, 2014

Karachi, Yousaf Weaving Mills Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held on October 31, 2014.
Agenda of the meeting was discussion of un-audited interim profit and loss account f…

The post Financial results of Yousaf Weaving Mills Limited for period ended September 30, 2014 appeared first on AsiaNet-Pakistan.

Financial results of Chakwal Spinning Mills Limited for period ended September 30, 2014

Karachi, Chakwal Spinning Mills Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Lahore on October 31, 2014.
The agenda of the meeting was discussion of un-audited interim profit and lo…

The post Financial results of Chakwal Spinning Mills Limited for period ended September 30, 2014 appeared first on AsiaNet-Pakistan.

Financial results of Pak Elektron Limited for period ended September 30, 2014

Karachi, Pak Elektron Limited informed Karachi Stock Exchange about recommendations made by board of directors in the meeting held at Lahore on October 31, 2014. The agenda of the meeting was discussion of un-audited interim profit and loss account for period ended September 30, 2014 which portrayed a profit of Rs. 1,614,204,000 and earnings per share 5.36 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Pak Elektron Limited was incorporated in Pakistan on March 03, 1956 as a public limited company. The foundations of the company are developed under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of electrical capital goods and domestic appliances. It is currently organized into two main operating divisions the power division and appliances division. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The activities of the company in the power division include manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. The appliance division is associated with manufacturing, assembling and distribution of refrigerators, air conditioners, microwave ovens, televisions, generators and washing machines. The symbol “PAEL” is being used by the stock exchanges for the shares of Pak Elektron Limited.

The post Financial results of Pak Elektron Limited for period ended September 30, 2014 appeared first on AsiaNet-Pakistan.

Financial results of Dawood Equities Limited for the period ended September 30, 2014

Karachi, Dawood Equities Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on October 27, 2014. The agenda of the meeting was discussion of un-audited interim profit and loss account for the quarter ended September 30, 2014 which portrayed a profit of Rs. 597,264 and earnings per share 0.02 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Dawood Equities Limited is a company incorporated in Pakistan on May 3, 2006 as public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. It is also registered under the Securities and Exchange Commission of Pakistan as a broker. The activity of the company includes providing equity trading platforms for the capital markets within the brokerage of listed equities, underwriting and other investments service industry of Pakistan. The company has corporate membership and the sticks are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The symbol “DEL” is being used by the stock exchanges for the shares of Dawood Equities Limited.

The post Financial results of Dawood Equities Limited for the period ended September 30, 2014 appeared first on AsiaNet-Pakistan.

Financial results of Cyan Limited for the period ended September 30, 2014

Karachi, Cyan Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 27, 2014. The agenda of the meeting was discussion of un-audited interim profit and loss account for the nine month period ended September 30, 2014 which portrayed a profit of Rs. 629,285,000 and earnings per share 10.73 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Cyan Limited is a public limited company incorporated in Pakistan on April 23, 1960. The foundations of the company are laid under the Companies Act, 1913 now the Companies Ordinance, 1984. The company is a subsidiary of the Dawood Group Limited. The company is engaged mainly in providing funding to Cyan Capital for its private equity investments. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The company is in the phase of restructuring the operations so that new business platforms and dimensions can be explored. On November 30, 2011 the insurance license of the company was also revoked by the Securities and Exchange Commission of Pakistan. The associate companies of Cyan Limited Include Dawood Hercules Corporation Limited, Dawood Lawrencepur Limited, Dawood Corporation Private Limited, Elixir Securities Pakistan Private Limited, Sach International Private Limited, Dawood Industries Private Limited, Patek Private Limited, Pebbles Private Limited, Inbox Technologies Private Limited, Engro Corporation Limited, ABL Assets Management Company Limited, UBL Funds Manager. The symbol “CYAN” is being used by the stock exchange for the shares of Cyan Limited.

The post Financial results of Cyan Limited for the period ended September 30, 2014 appeared first on AsiaNet-Pakistan.

Financial results of ICCT Textile Limited for period ended June 30, 2014

Karachi, ICCT Textile Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting on October 04, 2014.
The agenda of the meeting was discussion of un-audited interim profit and loss account for the ye…

The post Financial results of ICCT Textile Limited for period ended June 30, 2014 appeared first on AsiaNet-Pakistan.

Financial results of Balochistan Glass Limited for period ended June 30, 2014

Karachi, Balochistan Glass Limited informed Karachi Stock Exchange about recommendations made by the board of directors in the meeting held at Lahore on October 03, 2014.
The agenda of the meeting was discussion of un-audited interim profit and loss ac…

The post Financial results of Balochistan Glass Limited for period ended June 30, 2014 appeared first on AsiaNet-Pakistan.