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Tag Archives: balance sheet

Fauji Cement records profits of Rs601.96m, Silk Bank earns Rs458m

LAHORE: Fauji Cement Company Limited (FCCL) has announced financial results for the first quarter FY15 ended September 30, booking profits of Rs601.96 million (earnings per share of Re0.45), up 3.3 percent against Rs582.38 million (EPS of 44 paisas) in the corresponding period last year. During the quarter, net sales of the company remained at Rs4.17 billion from Rs3.87 billion in ... Read More »

Kh Asif sheds light on Chinese investment, projects

ISLAMABAD: Federal Minister for Water and Power Khawaja Asif said that China intends to invest 34 billion dollars in Pakistan as Foreign Direct Investment (FDI) and not as a loan. “Chinese companies aim to invest $34 billion in different projects, while Chinese banks EXIM and China Development Bank would finance these companies,” Asif said while addressing a press conference called ... Read More »