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Economy.pk

TRG Pakistan reported a 3.6 billion profit

byAleena Arif
1 month ago
in Business, Finance, Main, New
0
TRG Pakistan Limited, Royalty paid to the Saindak project firms
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After the announcement of the 2nd quarter of the fiscal year of 2021, the earnings of TRG Pakistan Ltd were at Rs3,608 million rendering Rs6.60 earnings per share.

The Topline Securities stated that the inflows of Rs4,341 million from the head of the share of profit from an equity investor’s made a major impact.

IBEX reported a net income of $2.4 million in the 2nd quarter of the fiscal year of 2021 which rendered into a profit of Rs64 million. 

Analysts said; ‘Given that the break-up of the share of profit from the equity investor’s is not available as of yet, it is likely that the profits are driven by other investors such as Affinity, E-Telequote, and I-Sky or some gain on remeasurement. 

On Monday the Agha Steel Industries earned over Rs1 billion, as announced by their financial results for the half-year ended on 31st December 2020 declaring PAT at Rs1.057 billion and earnings per share at Rs2.13 PAT for the October to December quarter stood at around Rs548 million and earnings per share at Rs1.11. 

Tags: IBEXLiquiditySharesTopline SecuritesTRG
Aleena Arif

Aleena Arif

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The Saindak Project, Balochistan

Royalty paid to the firms orchestrating the Saindak project

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