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News | invest.pk

Thal’s profit jumps 21.5pc; Cnergyico in Rs1.6bn loss

February 23, 2022

Thal Ltd, which manufactures engineering, building and packaging products, earned a profit of Rs3.17 billion for the six months through December, a year-on-year increase of 21.5 per cent, the company announced on Tuesday. Subsequently, its earnings per share rose to Rs36.10 for the July-December period compared to Rs29.55 during the same period a year ago. The company’s board of directors proposed an interim cash dividend of Rs5 per share for the period. PSX profit down 6pc Pakistan Stock Exchange’s (PSX) net profit dipped 6pc to Rs272.4 million during July-December from Rs289.6m a year ago. Earnings per share went down to 34 paise from 36 paise.