TRG Pakistan reports Rs3.6bn profit

Web Desk – March 02, 2021

KARACHI: TRG Pakistan Ltd announced its 2QFY21 earnings at Rs3,608m, translating into earnings per share (EPS) at Rs6.60.

Topline Securities stated that the driving factor was the inflows of Rs4,241m from the head of share of profit from equity investee’s. IBEX reported a net income of $2.4m in 2QFY21 which translates into a profit of Rs64m. “Given that the break-up of the share of profit from equity investee’s is not available as yet, it is likely that the profits are driven by other investee’s Afiniti, E-Telequote and I-Sky or some gain on remeasurement”, analysts said.

Agha Steel earns over Rs1bn

Agha Steel Industries on Monday announced its financial results for the half year ended on Dec 31, 2020 declaring PAT at Rs1.057bn and EPS at Rs2.13. PAT for the October-December quarter stood at Rs548m and EPS at Rs1.11.

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