Hoechst Pakistan Limited Reports First Quarter Profit

Karachi, Hoechst Pakistan Limited has disclosed its financial results for the first quarter of 2024. The company recorded a profit before tax of PKR 658.718 million and after tax of PKR 335.816 million. Earnings per share for the quarter were reported at PKR 34.82.

Pakistan Refinery Reports Earnings for Nine Months

Karachi, Pakistan Refinery Limited has disclosed its financial results for the nine months ending March 31, 2024. The refinery posted a profit before tax of PKR 8,307.014 million and after tax of PKR 5,269.511 million. Earnings per share for the period were recorded at PKR 8.36.

Allied Bank Limited Declares Dividend Alongside Strong Q1 Earnings

Karachi, Allied Bank Limited has released its financial results for the first quarter ended March 31, 2024. The bank declared a dividend of 40% and reported a profit before tax of PKR 22,266.192 million and a profit after tax of PKR 11,363.568 million, with earnings per share of PKR 9.92. In another announcement without a dividend, the bank showed a slightly higher profit before tax of PKR 22,595.899 million and after tax of PKR 11,606.928 million, with earnings per share increasing to PKR 10.14. Book closure dates are from May 7 to May 9, 2024.

Askari Life Assurance Faces Setback in First Quarter

Karachi, Askari Life Assurance Company Limited announced a loss in its first-quarter financial results for 2024. The company posted a loss before tax of PKR 55.049 million and a loss after tax of PKR 56.509 million, resulting in earnings per share of negative PKR 0.35.

Rafhan Maize Declares Substantial Dividend Alongside Q1 Results

Karachi, Rafhan Maize Products Company Limited reported its financial outcomes for the first quarter ended March 31, 2024. The company announced a dividend of 750% alongside a profit before tax of PKR 2,839.147 million and after tax of PKR 1,808.251 million. Earnings per share were reported at PKR 195.77. The company has scheduled its book closure from May 7 to May 9, 2024.

Nimir Industrial Chemicals Limited Announces Nine-Month Financials

Karachi, Nimir Industrial Chemicals Limited has reported its financial results for the nine months ending March 31, 2024. On an unconsolidated basis, the company posted a profit before tax of PKR 1,228.235 million and after tax of PKR 780.368 million, resulting in earnings per share of PKR 7.06. The consolidated results showed a slightly lower profit before tax of PKR 1,226.010 million and after tax of PKR 778.143 million, with earnings per share of PKR 7.04.

Ittefaq Iron Industries Reports Losses for Nine Months

Karachi, Ittefaq Iron Industries Limited has disclosed its financial outcomes for the nine months ending March 31, 2024. The company reported a loss before tax of PKR 458.823 million and after tax of PKR 473.476 million, resulting in negative earnings per share of PKR 3.28.