06-28-2024, 04:51 PM
Psmz Quagmire of debt
L nike af AHORE:Financial globalisation has nike air max mens driven the microeconomic reforms in the power sector in the last 30 years. After the unbundling of the Water and Power Development Authority (WAPDA), electricity generation is being done by WAPDA, Pakistan Atomic Energy Commission and a plethora of Independent Power Producers (IPPs). Transmission func air max 2 tion is performed by the National Transmission and Dispatch Company (NTDC), while the distribution is done through 10 DISCOs at the moment. Ylga The Pakistani woman who helped shape the human rights charter
KARACHI:Fauji Fertiliser Bin Qasim (FFBL) posted a loss of Rs3.5 billion in the year ended June 30, 2019 due to decline in gross profit and red dunks surge in finance cost.The company had recorded a loss of Rs1.6 nike air max 270 billion in the previous year, according to a company notice sent to the Pakistan Stock Exchange (PSX).Loss per share stood at Rs2.95 in FY19 compared to Rs1.25 in the previous year.According to a Topline Securities report, the plunge came on the back of decrease in gross profit margins and increase in finance cost.Finance cost jumped t air max 96 o Rs4.27 billion in FY19 from Rs2.26 billion in the previous year. The nearly 89% hike was recorded amid increase in interest rate and borrowing of the company. Food business of the company (Fauji Foods) posted a gross loss of Rs444 million (or 39% of sales) in 2Q2019 vs Rs29 million in the corresponding period of last year due to increase in the cost of production owing to rupee devaluation and tough competition from peers, we believe, the report added.
L nike af AHORE:Financial globalisation has nike air max mens driven the microeconomic reforms in the power sector in the last 30 years. After the unbundling of the Water and Power Development Authority (WAPDA), electricity generation is being done by WAPDA, Pakistan Atomic Energy Commission and a plethora of Independent Power Producers (IPPs). Transmission func air max 2 tion is performed by the National Transmission and Dispatch Company (NTDC), while the distribution is done through 10 DISCOs at the moment. Ylga The Pakistani woman who helped shape the human rights charter
KARACHI:Fauji Fertiliser Bin Qasim (FFBL) posted a loss of Rs3.5 billion in the year ended June 30, 2019 due to decline in gross profit and red dunks surge in finance cost.The company had recorded a loss of Rs1.6 nike air max 270 billion in the previous year, according to a company notice sent to the Pakistan Stock Exchange (PSX).Loss per share stood at Rs2.95 in FY19 compared to Rs1.25 in the previous year.According to a Topline Securities report, the plunge came on the back of decrease in gross profit margins and increase in finance cost.Finance cost jumped t air max 96 o Rs4.27 billion in FY19 from Rs2.26 billion in the previous year. The nearly 89% hike was recorded amid increase in interest rate and borrowing of the company. Food business of the company (Fauji Foods) posted a gross loss of Rs444 million (or 39% of sales) in 2Q2019 vs Rs29 million in the corresponding period of last year due to increase in the cost of production owing to rupee devaluation and tough competition from peers, we believe, the report added.