Ghani Auto’s loss comes down to Rs6.6 million
Cumulatively, during the first nine months of fiscal year 2016-17, the company’s losses stood at Rs35 million
PHOTO: REUTERS
KARACHI:
Ghani Automobile Industries Limited has posted a net loss of Rs6.6 million in the quarter ended March 31, down 37% compared to a loss of Rs10.5 million in the same period of previous year, according to a company notice sent to the Pakistan Stock Exchange (PSX) on Thursday.
Loss per share (LPS) shrank to Rs0.13 in Jan-March 2017 compared to Rs0.21 in the corresponding quarter of previous year. On Thursday. Ghani Automobile’s share price closed at Rs14.35, up 4.8%.
Cumulatively, during the first nine months of fiscal year 2016-17, the company’s losses stood at Rs35 million (LPS Rs0.69) compared to Rs66 million (LPS Rs1.31) in the corresponding period of last year.
Published in The Express Tribune, April 21st, 2017.
Ghani Automobile Industries Limited has posted a net loss of Rs6.6 million in the quarter ended March 31, down 37% compared to a loss of Rs10.5 million in the same period of previous year, according to a company notice sent to the Pakistan Stock Exchange (PSX) on Thursday.
Loss per share (LPS) shrank to Rs0.13 in Jan-March 2017 compared to Rs0.21 in the corresponding quarter of previous year. On Thursday. Ghani Automobile’s share price closed at Rs14.35, up 4.8%.
Cumulatively, during the first nine months of fiscal year 2016-17, the company’s losses stood at Rs35 million (LPS Rs0.69) compared to Rs66 million (LPS Rs1.31) in the corresponding period of last year.
Published in The Express Tribune, April 21st, 2017.