Muhammad Sarfraz Abbasi

                                          HOME PAKISTAN BUSINESS WORLD SPORTS LIFE & STYLE MULTIMEDIA OPINION MAGAZINE BLOGS URDU NEWS ed 3   Corporate results: DG Khan Cement posts lower profit By  Our Correspondent Published: October 23, 2013 Share this article Print this page Email The company’s lacklustre performance translated into earnings per share of Rs2.44, lower than EPS of Rs3.28 last year. PHOTO: FILE KARACHI:  DG Khan Cement, one of the leading cement companies in the country, has reported lower than expected after-tax profit of Rs1.07 billion in the first quarter of fiscal year 2013-14, down 26% from Rs1.44 billion in the same period of previous year. The company’s lacklustre performance translated into earnings per share of Rs2.44, lower than EPS of Rs3.28 last year. The decline in p...

                                                                                           Fauji Cement records Rs582 million profit Published: October 22, 2013 Share this article Print this page Email The sharp increase in sales due to higher prices and improved volumetric sales were the core factors that drove the profitability. PHOTO: FILE KARACHI:  Fauji Cement – an associated company of one of the largest business conglomerates in Pakistan, Fauji Group – has reported an impressive profit after tax of Rs582 million, up 61% in first quarter of fiscal year 2013 against a profit of Rs361 million in the same quarter of the preceding year. The extraordinary performance of the company in the first quarter has al...

Sarfraz Abbasi discussing economy and sector updates during an Interview to the PTV. Follow the link to watch the video  http://www.dailymotion.com/video/x12bus6_sarfraz-abbasi-discussing-economy-and-sector-updates_auto

Corporate results: Lucky Cement’s lucky streak continues Published: September 18, 2013 Share this article Print this page Email Lucky announced a cash dividend of Rs8 per share for the financial year as earnings per share soared to Rs30.04 versus Rs20.97 in fiscal 2012. PHOTO: FILE KARACHI:  Lucky Cement – the country’s largest cement manufacturer– recorded its highest-ever profit, by registering earnings of Rs9.714 billion for the fiscal year 2012-13. This entailed a jump of 43% compared to previous year’s profit of Rs6.782 billion . According to a notice sent to the Karachi Stock Exchange, Lucky announced a cash dividend of Rs8 per share for the financial year as earnings per share soared to Rs30.04 versus Rs20.97 in fiscal 2012. Despite volumetric variance of 1%, top-line of the company grew 13% to Rs37.8 billion against Rs33.3 billion in 2012 due to a sharp increase in cement prices. The company successfully increased its export market s...

1HCY13 period: fertiliser sector's profit up 36 percent YoY September 11, 2013 RECORDER REPORT After facing horrible gas shortage last year, fertiliser sector has experienced some improvement during the first half of current calendar year (1HCY13). According to an analysis, total gross profit of the listed companies rose by 20 percent (YoY) to Rs 38.86 billion in 1HCY13 compared to gross profit of Rs 32.46 billion in 1HCY12. The profit after tax of the fertiliser sector registered an enormous growth of 36 percent YoY to Rs 16.10 billion in 1HCY13 against the profit of Rs 11.84 billion in 1HCY12. Overall urea production witnessed an increase of 3 percent YoY to 2.21 million tons in the first half of CY13. Similarly, DAP production which was quite lower in 1HCY12 witnessed an upsurge of 31.2 percent YoY to 347,370 tons during the period under review. On the other hand, urea offtake remained lower by 1.48 percent YoY to 2.71 million tons in 1HCY13 as against 2.75 milli...

Interview to the state owned TV channels LIVE from the Karachi Stock Exchange on various issues faced by the economy and it's sectors..  See the video link of interview:   http:// www.dailymotion.com/video/ x13jv8q_sarfaraz-abbasi-spe aks-on-happenings-with-sto ck-market-and-economy_news

HOME PAKISTAN BUSINESS WORLD SPORTS LIFE & STYLE MULTIMEDIA OPINION MAGAZINE BLOGS URDU NEWS   Corporate results: Fauji’s positive earnings driven almost entirely by DAP By  Meiryum Ali Published: July 26, 2013 Share this article Print this page Email According to the company’s financial results, not only did its profits increase but its sales net grew by 78% to Rs20.14bn up from Rs 11.3 billion, while gross profit rose to Rs 5.3bn up from Rs 2.4 billion last year. PHOTO: FILE KARACHI:  Fauji Fertilizer Bin Qasim Limited (FFBL) reported a profit of Rs1.82 billion for the half year period ending June 30 2013, which was up from a profit of Rs644 million for the corresponding period last year. With earnings per share at Rs1.95 against the market price of Rs1.75 per share, FFBL still has room to grow. The growth was driven mainly by Di-Ammonium Phosphate (DAP) fertiliser sales. “We belie...