Financial results of Crescent Steel and Allied Products Limited for Year ended June 30, 2022

Karachi, Crescent Steel and Allied Products Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 24, 2022.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for Year ended June 30, 2022 which portrayed a profit of Rs. 127,587 and Rs. (943,851) with earnings per share 4.72 and (8.34) basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 21, 2022 to October 27, 2022 (both days inclusive).

Crescent Steel and Allied Products Limited is a conglomerate corporation listed on the Pakistan Stock Exchange Limited as ‘CSAP’, and thereby is a Public Interest Company. They have started operations with a pipe manufacturing facility in March 1987. The Company now operates five segments Steel, Cotton, Investment and Infrastructure Development (IID), Energy and Hadeed (Billet) segment. The Shares are quoted on Pakistan Stock Exchange Limited.

The total shares of the Company introduced are 77,632,491. The Earnings per share has decreased in 2020 and is (0.22) which was 1.85 in 2019. Their Profit after Taxation has also decreased in 2020 and is (17,124,000) which was 143,476,000 in 2019.

Transaction of 5,800 shares of Ibrahim Fibres Limited

Karachi, Ibrahim Fibres Limited informed Pakistan Stock Exchange about transaction of shares of the company. 5,800 shares @ Rs. 200.00 per share were bought from the market on August 22, 2022 through CDC.

Ibrahim Fibres Limited was incorporated in Pakistan as a Public limited company. The principal business of the company is to manufacture and sell polyester staple fibre and yarn.

Polyester Plant manufacturing operations are staggered in three production lines located within the same premises, at 38th K.M. Faisalabad – Sheikhupura Road, Faisalabad and are spread over an area of more than 100 acres of land with a capacity to produce 390,600 tons per annum of Polyester Staple Fibre (PSF).

The total numbers of shares are 310,506,995. The Earnings per share is (4.17) in 2020 which was 3.22 in 2019. The profit after Taxation is (1,295,482,000) in 2020 which was 998,493,000 in 2019.

Transaction of 743,351 shares of Allied Rental Modaraba

Karachi, Allied Rental Modaraba informed Pakistan Stock Exchange about transaction of shares of the company. 743,351 shares @ Rs. 23.60 per share were bought from the market on August 23, 2022 through CDC.

Allied Rental Modaraba was formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed thereunder and is managed by Allied Engineering Management Company (Private) Limited (the ‘Modaraba Management Company’), which is a wholly owned subsidiary of Allied Engineering and Services (Private) Limited. The Modaraba is a perpetual Modaraba and is primarily engaged in rental / Ijarah and operation and maintenance of Caterpillar and other equipment (i.e. generators, forklifts, compactors, etc.).

The Company is listed on Pakistan Stock Exchange and quoted the shares. The symbol “ARM” is being used for the shares of the Company

The total number of shares the company has issued are 220,000,000. Earning Per Share has decreased in 2020 and is 1.03 compared to 1.74 in 2019. The Profit After Taxation has also decreased in 2020 which is 227,521,000 and it was 382,854,000 in 2019.

Financial results of Next Capital Limited for Year ended June 30, 2022

Karachi, Next Capital Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 23, 2022.

The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2022 which portrayed a profit of Rs. 30,778,715 with earnings per share 0.62 basic and diluted respectively.

Further, 15% payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 18, 2022 to October 25, 2022 (both days inclusive).

Next Capital Limited was incorporated as a public limited company in Pakistan on 14 December 2009. The company is principally engaged in brokerage of shares, stocks, equity and debt securities, commodities, forex and other financial instruments and corporate finance services. Further, the Company is engaged in trading in equity and debt securities on its own account through ready, spot and forward counters of the stock exchange.

The total numbers of shares are 49,500,000. The Earnings per share is 0.40 in 2020 which was 0.12 in 2019. The Profit after Taxation of the Company is 17,794,000 in 2020 which was 5,307,000 in 2019.

Transaction of 490 shares of Mari Petroleum Company Limited

Karachi, Mari Petroleum Company Limited informed Pakistan Stock Exchange about transaction of shares of the company. 490 shares @ Rs. 1699.05 per share were bought from the market on August 19, 2022 through CDC.

Mari Petroleum Company Limited is a public limited company incorporated in Pakistan on December 4, 1984. The Company is principally engaged in exploration, production and sale of hydrocarbons. The total numbers of shares are 133,402,500. The Earnings per share is 227.23 in 2020 which was 182.36 in 2019. The Profit after Taxation is 30,312,873,000 in 2020 which was 24,327,088,000 in 2019.

Financial results of Dawood Hercules Corporation Limited for Quarter ended June 30, 2022

Karachi, Dawood Hercules Corporation Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 23, 2022.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended June 30, 2022 which portrayed a profit of Rs. 23,363,047 and Rs. (151,488) with earnings per share 1.09 and (5.16) basic and diluted respectively.

Further, 45%payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from September 02, 2022 to September 05, 2022 (both days inclusive).

Dawood Hercules Corporation Limited is founded as Dawood Hercules Chemical Limited in 1968, is an Investment Company listed on Pakistan Stock Exchange. It is publicly listed company, and is the investment holding platform for the Dawood Hercules Group; a business family with an entrepreneurial history spanning over a century.

Dawood Hercules Corporation Limited was incorporated in Pakistan on April 17, 1968. The principal activity of the Company is to manage investments including in its subsidiary and associated companies.

The Company deploys and manages investments across a diverse range of sectors, including in its subsidiaries and associated companies, and its subsidiary, Engro Corporation Limited, is one of the largest industrial conglomerates in Pakistan, and has leveraged joint ventures to scale up businesses and enhance capabilities for handling complex Greenfield projects.

The total number of shares of the Company are 481,287,116. The Earnings per share has decreased in 2020 and is 7.75 which was 10.02 in 2019. The Profit after Taxation is 3,727,994,000 in 2020 which was 4,821,697,000 in 2019.

Transaction of 17,000 shares of Mehran Sugar Mills Limited

Karachi, Mehran Sugar Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 17,000 shares @ Rs. 37.90 per share were bought from the market on August 22, 2022 through CDC.

Mehran Sugar Mills Limited was incorporated in Pakistan as a public limited company in December 1965. The Company is principally engaged in the manufacturing and sale of sugar and its by-products.

Mehran Sugar Mills Limited is engaged in manufacturing and marketing of white refined cane sugar and brown sugar while utilizing its by-products such as Molasses and Baggasse to produce ethanol and power respectively.

The total numbers of shares are 48,927,572. The Earnings per share is 1.01 in 2020 which was 8.67 in 2019. The Profit after Taxation is 47,027,000 in 2020 which was 403,834,000 in 2019.

Annual general meeting of Sakrand Sugar Mills Limited to be held on September 14, 2022

Karachi, Sakrand Sugar Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on September 14, 2022 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on April 26, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended September 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending September 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from September 07, 2022 to September 14, 2022 (both days inclusive).

Sakrand Sugar Mills Limited was incorporated in Pakistan as a Public Limited Company on March 02, 1989. The principal business of the company is to manufacture and sell white sugar.

The company is listed on Pakistan Stock Exchange and the total numbers of shares of the Company are 44,616,000. The Earnings per shares of the Company was (13.43) in 2020 which was 3.51 in 2019. Their Profit after Tax was (599,246,000) in 2020 which was 156,649,000 in 2019.

Financial results of Cyan Limited for Quarter ended June 30, 2022

Karachi, Cyan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 23, 2022.

The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended June 30, 2022 which portrayed a loss of Rs. 333,081 with loss per share 4.12 basic and diluted respectively.

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 Company is a subsidiary of Dawood Corporation (Private) Limited and engaged in making equity investments in companies with high growth potential.

The total shares of the Company are 61,558,963. The Earnings per shares are 5.80 in 2020 which was 1.59 in 2019. Their Profit after Taxation is 357,282,000 in 2020 which was 97,942,000 in 2019.

Financial results of Next Capital Limited for Quarter ended June 30, 2022

Karachi, Next Capital Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 23, 2022.

The agenda of the meeting was discussion of profit and loss account for quarter ended June 30, 2022 which portrayed a profit of Rs. 30,778,715 with earnings per share 0.62 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from October 18, 2022 to October 25, 2022 (both days inclusive).

Next Capital Limited was incorporated as a public limited company in Pakistan on 14 December 2009. The company is principally engaged in brokerage of shares, stocks, equity and debt securities, commodities, forex and other financial instruments and corporate finance services. Further, the Company is engaged in trading in equity and debt securities on its own account through ready, spot and forward counters of the stock exchange.

The total numbers of shares are 49,500,000. The Earnings per share is 0.40 in 2020 which was 0.12 in 2019. The Profit after Taxation of the Company is 17,794,000 in 2020 which was 5,307,000 in 2019.

Transaction of 14,000 shares of First Elite Capital Modaraba

Karachi, First Elite Capital Modaraba informed Pakistan Stock Exchange about transaction of shares of the company. 14,000 shares @ Rs. 3.12 per share were bought from the market on August 23, 2022 through CDC.

First Elite Capital Modaraba is a perpetual, multi-purpose and multi-dimensional non-trading Modaraba. It is managed by Crescent Modaraba Management Company Limited. The Modaraba is primarily engaged in the business of ijarah, musharakas and murabahas financing, investment in marketable securities and other related businesses.

The total numbers of shares are 11,340,000. The Earnings per share is (0.46) in 2020 which was (0.39) in 2019. The Company had a loss of Rs. 5,272,000 in 2020 which was 4,371,000 in 2019.