
Earnings per share (EPS) jumped to Rs4.35 compared to an EPS of Rs4.30 in the period under review.
In the fourth quarter (Oct-Dec) of calendar year 2015 (4QCY15) alone, the company’s earnings jumped to Rs3.1 billion or an EPS of Rs3.3 compared to Rs182 million or an EPS of Rs0.19 reported in the third quarter of calendar year 2015 (3QCY15).
“The fourth-quarter results surprised the market that took full year 2015 EPS to Rs4.35, up 1.1% year on year against our expectations of year on year dip,” JS Research reported.
The result also accompanied a final cash dividend of Rs3.05 per share, taking full year CY15 pay-out to Rs3.8 per share.
PSX 100-Index closed on 31, 074 points, up 9.25 points or 0.03% on Tuesday. The company share price showed a jump of 1.45% and closed Rs49.75 at the end of trading on PSX 100-Index.
Significant jump in other income of Rs3.9 billion in 4Q2015 from Rs614 million during same period last year was a major surprise.
Published in The Express Tribune, January 27th, 2016.
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