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| Company News | [1-1 of 1 stories]
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Bank: SILK BANK LIMITED - Analysis of Financial Statements Financial Year 2007 - 2001 H 2010OVERVIEW (September 09, 2010): Silk Bank (formerly Saudi Pak Commercial Bank) came into existence when a consortium of investors, comprising of Bank Muscat SAOG, Nomura European Investments Limited and International Finance Corporation signed a share purchase agreement with the Saudi Pak investment group. On March 31, 2008 the consortium acquired 86.55% of the bank for around USD 260 million or $0.47 per share (Rs 29.3 equivalent per share).
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Ratings of Sitara Chemical maintained at AA-, A-1KARACHI (September 08, 2010): JCR-VIS Credit Rating Company Limited (JCR-VIS) has maintained the medium to long-term entity rating of Sitara Chemical Industries Limited (SCIL) at 'AA-' (Double A Minus) and short-term rating at 'A-1' (A-One). The market dynamics of the caustic soda industry have experienced a change in competitiveness with the entry of a new player.
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Atlas Engineering posts Rs 36.144 million after tax profitKARACHI (September 08, 2010): Atlas Enginee-ring Limited posted Rs 36.144 million profit after tax in the year ended on June 30, 2010 (FY10) as compared to after tax loss of Rs 47.467 million recorded in FY09. The board of directors of the company in its meeting held here on Tuesday declared company's earning per share of Rs 1.46 in the period under review against loss per share of Rs 3.33 a year back.
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Profit after tax of Netsol Technologies increasesKARACHI (September 04, 2010): The profit after tax of Netsol Technologies Limited has increased to Rs 977.232 million in the year ended June 30, 2010 (FY10) as compared to Rs 341.170 million earned in the corresponding period in FY09. The board of directors of the company in its meeting held on Thursday declared that the company's earning per share has increased to Rs 12.38 in the period under review against Rs 4.12 in the same period a year back.
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Profit after tax of Millat Tractors increasesKARACHI (September 04, 2010): The profit after tax of Millat Tractors Limited has increased to Rs 2.284 billion in the year ended June 30, 2010 (FY10), as compared to Rs 1.215 billion earned in the corresponding period in FY09. The company's earning per share surged to Rs 78.01 in the period under review against Rs 41.49 in the same period a year back.
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PNSC profit declinesKARACHI (September 04, 2010): The profit after tax of Pakistan National Shipping Corporation (PNSC) declined to Rs 967.824 million in the year ended June 30, 2010 (FY10) as compared to Rs 2,312.842 million earned in FY09. The company's earning per share declined to Rs 7.33 in the period under review against Rs 17.51 a year back.
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| 1 | Telenor | Easy Paisa | | 1 | S.M jaffer & Company | Generators | | 1 | Base Ten International | Generators | | 2 | Arif Habib Limited | Notice of Meeting | | 2 | Security Papers Limited | Notice | | 2 | Indus Motor Company Limited | Notice of Meeting | | 3 | PSO | Pre qualification | | 3 | PSO | Invitation to Bid | | 3 | Arif Habib Investment Limited | Pakistan Income Fund | | 3 | Aaj Channel | Aaj Programme | | 3 | SNGPL | Tender Notice | | 5 | Pakistan Hotels Developers Limited | Notice of Meeting | | 5 | Nakshbandi Industries Limited | Notice of Meeting | | 14 | Grace corporation (Pvt) Limited | PAUL GMBH & Company | | 14 | Alamgir Welfare Trust International | Sadqa | | 15 | Business Recorder | www.brecorder.com/epaper | | 22 | Ministry of Petroleum & Natural Resources Govt of Pakistan | Flood Affectees | | 22 | Interwood Mobel (Pvt) Limited | Engineered Food Floors | | 22 | Pak Oman Asset Management | Eid Mubarak |
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