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Company News: Pakistan


Samsung Electronics Co Ltd on Friday announced financial results for the fourth quarter ended December 31, 2014. Samsung's revenue for the quarter was KRW 52.73 trillion, an 11 percent increase quarter-on-quarter (QoQ), while the operating profit for the quarter was KRW 5.29 trillion, an increase of KRW 1.23 trillion QoQ. In the company's earnings guidance disclosed on January 08, 2015, Samsung estimated fourth quarter consolidated revenues would reach approximately KRW 52.0 trillion with consolidated operating profit of approximately KRW 5.2 trillion.

The Board of Directors of Arif Habib Corporation Limited (AHCL) has announced a profit after tax of Rs 2,901.86 million for the half year ended, December 31, 2014 as compared to Rs 1,425.27 million in the corresponding period in 2013 translating into an EPS of Rs 6.40 for the half year compared to EPS of Rs 3.14 in the same period last year.
Pakistan Petroleum Limited (PPL) posted a consolidated earning per share (EPS) of Rs 11.49 during the first half of current fiscal year, 1HFY15. The petroleum giant's EPS showed a decline of 15 percent compared to Rs 13.50 it had posted during the same period last year. The result is accompanied with an interim cash dividend of Rs 4.5 per share versus Rs 5 per share of 1HFY14.
Recently named and listed on the prestigious Forbes' 30under30 list of social entrepreneurs for 2015, Fiza Farhan is one of Pakistan's youngest CEO's within the field of social entrepreneurship and was the only Pakistani to appear on the coveted list for 2015.
Honda Atlas Cars Pakistan Limited (KSE: HCAR) was incorporated in November 1992 and is a joint venture between the Honda Motor Company Limited Japan and the Atlas Group of Companies in Pakistan. The company's plant was established in Multan in 1993, with the first car rolling out of the assembly line a year later. HCAR is listed at the Karachi, Lahore and Islamabad Stock Exchanges. The board of the company is chaired by Mr Yusuf H. Shirazi while Mr Takeharu Aoki serves as the President and CEO.
Incorporated in 1932, EFU General Insurance was formed under the leadership and administration of Mr Ghulam Mohammad and the financial and mutual support of Aga Khan III and the Nawab of Mughal. Under the umbrella of EFU Group, the company stands as the leading insurance company. EFU General offers non-life insurance products comprising of property, marine/aviation, motor and other miscellaneous products.
Engro Foods (EFOODS) Monday announced a consolidated earning of Rs 868 million for 2014 which, the analysts said, was almost flat compared to last year's Rs 870m. Compared to last year's Rs 1.14, the company announced an earning per share (EPS) of Rs 1.13 with its profit accumulating to Rs 616m during 4Q2014. The corresponding quarter of 2013 had seen the company braving a loss of Rs 370m.


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln