Muhammad Sarfraz Abbasi

HOME PAKISTAN BUSINESS WORLD SPORTS LIFE & STYLE MULTIMEDIA OPINION MAGAZINE BLOGS JOBS CLASSIFIEDS ALERTS   Pakistani film industry: Ethics in entertainment Feb 28, 2012 10:01 PM PST   Corporate results: Indus Motor half-yearly profits race away By  Our Correspondent Published: February 23, 2012 The major contributor was its Corolla variant with almost 83% of total sales. The company’s smaller variant Coure sales went down by 31% as the company is planning to discontinue the model from June. PHOTO: FILE KARACHI:  Indus Motor Company’s profits almost doubled to Rs1.77 billion during July to December 2011 primarily due to higher sales and prices of its leading brand Toyota Corolla. The improved profitability more than compensated for rising cost pressures and increased the company’s gross margins, said analysts. Gross margins rose by 3% to stand at 8% during the period under review against 5% in ...

HOME PAKISTAN BUSINESS WORLD SPORTS LIFE & STYLE MULTIMEDIA OPINION MAGAZINE BLOGS JOBS CLASSIFIEDS ALERTS   Missing person: FIR lodged against elite forces, intelligence personne   Corporate results: DG Khan Cement knocks it out of the park By  Our Correspondent Published: February 18, 2012 Company profit rises 6 times due to higher market prices. KARACHI:  DG Khan Cement knocked its half-yearly result out of the park with net profit growing more than six times led by higher prices. Bottom-line stood at Rs1,279.4 million during July to December 2011 against net profit of 192 million in the same period last year, according to a notice sent to the Karachi Stock Exchange on Friday. Higher prices saved the day as the cement manufacturer’s production level is expected to stay in the same range, if not fallen during the period under review. IGI Securities estimated a few days ago that DG Khan Ceme...

Corporate results: Attock Group grows across the board By  Our Correspondent Published: February 2, 2012 Attock Petroleum wing’s net profit rose 28% to Rs2.32 billion on the back of increased sales. KARACHI:  Attock Group, the only vertically integrated group in the country’s oil and gas sector, announced stellar earnings on Wednesday with all three subsidiaries – petroleum, refinery and cement – showing healthy growth in profits. Delighted by the overall performance, the board of directors in their meeting held in Dubai, United Arab Emirates declared dividends from all three subsidiaries. The group is involved in the complete process of exploration, production, refining and marketing of the product, making it vertically integrated. Attock Petroleum wing’s net profit rose 28% to Rs2.32 billion on the back of increased sales. The result was accompanied by an interim cash payout of Rs17.5 per share. Increase in earnings primarily stems from improve...