KARACHI: Around a dozen companies announced financial results on Thursday.

Those includedAbbott, reporting earning per share (eps) at Rs6.43 for first quarter 2014 (1Q2014); EFoods and Askari Bank also for the same quarter posting eps at Rs0.25 and Rs0.81, respectively. EFoods 1stQ eps was down by 71pc YoY, but represented significant improvement over the 4Q2013 loss of Rs0.48.

Oil and gas heavyweights announced results for nine-month ended Mar 31, 2014. Pakistan Oilfields (POL) declared eps at Rs42.71, up 17pc over eps at Rs36.46 YoY; Attock Petroleum (APL) eps amounted to Rs44, representing improvement of 22pc over eps at Rs35.50 YoY; National Refinery (NRL) came up with eps at Rs4.73 and Attock Refinery (ARL) with eps at Rs21.64.

Several investment analysts observed that POL, APL and NRL announcements turned out belowexpectations while ATRL’s earnings beat market consensus. AKBL was also thought to have announced better-than-expected March quarter results.

Opinion

Rule by law

Rule by law

‘The rule of law’ is being weaponised, taking on whatever meaning that fits the political objectives of those invoking it.

Editorial

Isfahan strikes
Updated 20 Apr, 2024

Isfahan strikes

True de-escalation means Israel must start behaving like a normal state, not a rogue nation that threatens the entire region.
President’s speech
20 Apr, 2024

President’s speech

PRESIDENT Asif Ali Zardari seems to have managed to hit all the right notes in his address to the joint sitting of...
Karachi terror
20 Apr, 2024

Karachi terror

IS urban terrorism returning to Karachi? Yesterday’s deplorable suicide bombing attack on a van carrying five...
X post facto
Updated 19 Apr, 2024

X post facto

Our decision-makers should realise the harm they are causing.
Insufficient inquiry
19 Apr, 2024

Insufficient inquiry

UNLESS the state is honest about the mistakes its functionaries have made, we will be doomed to repeat our follies....
Melting glaciers
19 Apr, 2024

Melting glaciers

AFTER several rain-related deaths in KP in recent days, the Provincial Disaster Management Authority has sprung into...