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Packages Limited posts Rs272.443mn profit after tax  RECORDER REPORT KARACHI: Packages Limited has posted Rs. 272.443 million as profit after tax in the half year period ended June 30, 2012 as compared to after tax loss of Rs. 208.955 million recorded in the corresponding period in 2011. The board of directors of the company in its meeting held on August 25, 2012 declared the company’s earning per share at Rs. 3.23 for the period under review against per share loss of Rs 2.48 in the same period last year. According to the financial results sent to Karachi Stock Exchange on Monday and company’s local sales increased to Rs. 11.886 billion in the first half of 2012 against Rs. 11.860 billion in the same period in 2011 and export sales reduced to 42.939 million against Rs. 130.644 million. The company’s net sales after paying sales tax, excise duty and commission stood at Rs. 10.132 billion against Rs. 9.936 billion. The cost of ...

Rates of commodities in Lahore LAHORE: Agriculture Marketing Information Service Punjab (AMISP) issued rates of agriculture products in local market on Monday. The following are 100 kg rates of different agriculture products in Lahore market: Maize minimum Rs 1800 and maximum 2200, Rice Super Karnal Basmati (New) minimum Rs 9500 and maximum Rs 10500, Rice Basmati (old) minimum Rs 11000 and maximum Rs 12500, white sugar minimum Rs 5180 and maximum Rs 5200, white gram (local) minimum Rs 10500 and maximum Rs ...
Spot rates of cotton (Crop 2012-2013) KARACHI: Karachi Cotton Association (KCA) Monday announced the following KCA Spot rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16" Micronaire value between 3.8 to 4.9 NCL. ================================================================== Rate                Ex-Gin         Up-country          Spot Rates for                 Price          Expenses            Ex-Karachi 37.324 kgs          5,850          155                 6,005    Equivalent 40 kgs              6,269          155                 6,424 ================================================================== Copyright APP (Associated Press of Pakistan), 2012 ...
Wheat price rises in open market  FAISALABAD: An increase of Rs.60 was witnessed in the rate of wheat in opened markets of Faisalabad. The government fixed the wheat price at rate of Rs 1050 per 40 kilogram but now it is being sold at Rs 1110 per 40 kg. The increase in wheat price was occurred due to its shortage in open market whereas the flourmills owners also enhance the rate of flour. A market survey revealed that the 20 kg flour bag ...
PSMC profit after tax increases  RECORDER REPORT KARACHI: The profit after tax (PAT) of Pak Suzuki Motor Company (PSMC) has increased to Rs 1,369.337 million in the half year period ended June 30, 2012 as compared to Rs 278.889 million earned in the corresponding period in 2011. The board of directors of the company in its meeting held on Friday declared that the company’s earning per share has increased to Rs 16.64 in the period under review against Rs 3.39 in the ...


Index Closing Chg%
Arrow DJIA 16,790.19 0.08
Arrow Nasdaq 4,748.36 0.69
Arrow S&P 1,979.92 0.36
Arrow FTSE 6,326.16 0.43
Arrow DAX 9,902.83 0.90
Arrow CAC-40 4,660.64 0.95
Arrow Nikkei 18,186.10 1.00
Arrow H.Seng 21,831.62 0.10
Arrow Sensex 26,932.88 0.55

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln