Profit of Amreli Steels Limited decreased 15.9 percent to Rs1.074 billion for the year ended June 30, 2017, translating into earnings per share (EPS) of Rs3.62, a bourse filing said on Monday. Net income of Amreli Steels was recorded at Rs1.278 billion with EPS of Rs4.81 in the previous fiscal year of 2015/16, said a notice issued to Pakistan Stock Exchange. The steel maker announced a final cash dividend of Rs2/share. Its revenue, however, rose 7.12 percent to Rs13.283 billion in the fiscal year of 2016/17.
Amreli’s administrative expenses significantly surged 50 percent to Rs324.83 million during FY2017, while finance cost declined 25 percent to Rs251.58 million due to reduced leverage resulting from timely debt repayments.
In this picture, the PCJCCI logo can be seen on September 1, 2022. — Facebook/Pakistan China Joint Chamber of...
The logos of the World Bank and IMF. — AFP FileNEW YORK: The United States is the MVP of GDP. That was the...
A security guard sits in front of a wall with signs and slogans at the operation building at the Pakistan Steel Mills ...
A worker cleans the entrance to the headquarters of Bank Indonesia, the nation's central bank, in Jakarta, Indonesia....
The MCB's logo is seen on a wall outside the bank's head office. — MCB websiteKARACHI: MCB Bank Limited on...
Stack of Rs5,000 and Rs1,000 notes. — AFP/FileKARACHI: The rupee lost ground against the dollar in both currency...