PPL earnings drop 19% to Rs24.4 billion
Decline comes on back of higher operating and exploration expenses
Corporate Results News
PIA’s liabilities surge Rs75b due to exchange losses
National airline reports loss of Rs38b in six months ended June 2019
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Engro Polymer’s profit drops 25% to Rs3.7b
Earnings per share stand at Rs4.07 in year ended December 2019
FFBL posts Rs8.4 billion loss in 2019
Poor earnings attributed to high taxes, massive losses suffered by subsidiaries
PSO’s foreign borrowing cost rises as rupee falls
OMC also suffers loss of over Rs800m in LNG business in Q1
KAPCO’s profit rises 84% to Rs5 billion
Support comes from higher sales, income from other business
Fauji Fertiliser’s profit jumps 32% to Rs13.2b
Fauji Fertiliser Company announces interim cash dividend of Rs2.20 per share
Mari Petroleum's profit jumps 45% to Rs7.46b
Rise comes on back of surge in finance income and net sales
Shell reports Rs877.5m loss due to oil price volatility
Challenges also include rupee depreciation, higher tax rates
