Rise comes on back of rupee depreciation, higher sales, surge in finance income
Spike in cost of sales, rupee depreciation drive losses
Decline was led by drastic contraction in gross margins
Earnings rise due to higher global oil and gas prices, rupee fall
Board announces cash dividend of Re1 per share
Funds raised at PSX will help cope with tough financial situation
Increase comes on the back of rise in oil and gas production, rupee fall
High finance cost due to rupee depreciation dilutes profit
The company reported net sales of Rs35 billion in Jan-Mar 2019
Boost seen due to other income originating from overdue receivables