AGTL | Al-Ghazi Tractors Limited launches a new 85 HP Tractor. link
PSO imported 105 LNG vessels, totalling 6,369 thousand tons, a 6.9% increase from the previous year, See Annual Report 2024. "PSO is joining forces with Frontier Works Organization (FWO) and Inter State Gas Systems (ISGS) to launch the White Oil Pipeline initiative." established establishment.
FEROZ | Ferozsons Laboratories Limited has partnered with Gilead Sciences to manufacture and sell generic lenacapavir in developing countries. This will help increase access to this HIV medication in regions with limited resources. Link
TPL | TPL Corp Limited announced a loss of Rs 1.39 billion (loss per share of Rs 5.23, last year Rs -3.23) for the year ending June 2024. Operating income was just Rs 144 million and financial charges were over Rs 1.48 billion. See P&L.
TRG has issued its annual report. This is what Directors' Report states about the loss. " The most significant item on our balance sheet is the value of the Company’s share in TRGIL, our sole operating asset. As of June 30, 2024, the value of our share in TRGIL is Rupees 40.5 billion, representing a decrease of Rupees 37.6 billion compared to Rupees 78.1 billion on June 30, 2023. This decrease is due to a net loss incurred by TRGIL during the financial year, due to reasons explained in the ensuing paragraph and also due to a weakening of the US Dollar compared to the Pakistan Rupee."
KAPCO | Due to PPA expiry (on October 24, 2022), there is no revenue from sale of electricity or the year. Therefore, the gross profit is Nil (2023: gross profit of Rs. 2,062 million). Operating profit for the year was Rs. 9,319 Million (2023: Rs. 13,072 million) resulting mainly from the income from investments. See Annual Report
GHNI | Ghandhara Industries Limited sold 1,333 units of trucks and buses and 154 units of D-MAX pick-up this year, compared to 1,600 units of trucks and buses and 194 units of D-Max pick-up last year. The company earned a comprehensive net income of Rs 781.4 million this year, compared to Rs 179.4 last year. BIBOJEE SERVICES (PVT) LIMITED owns 39% of the company's shares. See Annual Report
PREMA | At-Tahur Limited. Presentation - Corporate Briefing Session. "At-Tahur Limited announced a profit after tax of Rs. 353.233 million and an EPS of Rs. 1.62 for the annual year ended June 30, 2024. The company's net sales increased by 19% year-over-year to Rs. 5.845 billion, driven by the launch of new products, a change in sales mix, and increased demand for all products."
