Profit statements

Geojit net profit jumps 26% to Rs 39.7 cr in December quarter

Brokerage leader Geojit Financial Services on Monday announced a 26% increase in its consolidated net profit to Rs 39.7 crore for the December 2021 quarter. The Kochi-based company had recorded a net profit of Rs 31.5 crore in the corresponding period last year, it said in a statement. Its consolidated revenue from October to December […]

Profit statements

Honda Atlas profit drops 41%

KARACHI: Honda Atlas Cars (Pakistan) Ltd on Thursday announced a 40.68% drop in profit for the quarter ended December 31 due to an increase in the cost of sales. In a statement to the Pakistan Stock Exchange, the company reported a net profit of 445.94 million rupees in the quarter ended December 31 against 751.80 […]

Profit statements

Increased sales allow Clean Seas to return to profit

Record sales of $31.3 million for the six months to the end of December buoyed South Australian trevally farmer Clean Seas Seafood after a few loss-making years. The listed company announced to the Australian Securities Exchange this morning that it sold a record 1,946 tonnes of trevallies in the first half of FY22, generating $31.3 […]

Profit statements

Profits for insurers, turnover up at end-September

With a recovering economy and greater awareness of insurance products amid a protracted pandemic, industry sales and profits increased in the first nine months of 2021, the Insurance Commission (IC) said on Friday. . Total premiums earned, or insurance policies sold, by life and non-life insurers as well as mutual benefit associations (MBAs) from January […]

Profit statements

IMF extends emergency funding for 18 months during pandemic

WASHINGTON: The International Monetary Fund has announced that it will extend its flexible access to emergency funding for an additional 18 months to help countries severely affected by the Covid-19 pandemic. According to a press release, the IMF’s Executive Board approved 18-month extensions (until end-June 2023) to temporary increases in cumulative access limits under its […]

Profit statements

Alphinat reports earnings of $ 91,928 for the year ended August 31, 2021

MONTREAL QC / ACCESSWIRE / December 17, 2021 / Alphinat Inc. (TSXV: NPA) announces earnings of $ 91,928 for the year ended August 31, 2021. During the 2021 financial year, Alphinat focused most of its commercial efforts on its partnerships and the acceleration of sales in the public sector. In addition, SmartGuide continues to be […]

Profit statements

A 100bp hike brings the key rate to 9.75pc

KARACHI: The State Bank of Pakistan (SBP) announced a 100 basis point hike in the policy rate following today’s Monetary Policy Committee (MPC) meeting. The increase aims to “counter inflationary pressures” and “ensure growth that remains sustainable”. Although the term forward guidance was not used in the statement, the MPC said: “As a result of […]

Profit statements

Endeavor Holdings Reports $ 1 Million Drop in After-Tax Profit

Business Ria chaitram Just now Endeavor Holdings Chairman John Aboud. – PHOTO BY ROGER JACOB Endeavor Holdings Ltd announced a decline in after-tax profit of $ 1.1 million for the six-month period ending October 31, 2021. In his unaudited financial statements released on Friday, President John Aboud said that during the period, the second wave […]