PakStox Outlook

PPL posted a profit of Rs. 10 per share for the latest quarter ending Dec 2024. Also declared a cash dividend of Rs. 2 per share. The income was boosted by a higher level of other income of Rs 8.8 billion. This brings the net income of PPL to a total of Rs. 35.4 per share for the last four quarters, while in the last four quarters total cash distribution was Rs. 7.5 per share.

Oil & Gas Development Company Limited | Financial Results – Q2 Dec 2024 OGDC reported a profit of Rs. 9.6 per share for the quarter ending December 2024 and announced a cash dividend of Rs. 4.05 per share. This brings OGDC's net income for the last four quarters stands at Rs. 39.1 per share, while the total cash dividend distributed during this period amounts to Rs. 13.1 per share.

Citi Pharma Ltd. (CPHL) Quarterly Report - Q2 Dec 2024 CPHL reported a profit of Rs. 1.1 per share for the quarter ending December 2024. The company did not declare any cash dividend for this period. For the last four quarters, the cumulative net income amounted to Rs. 3.6 per share, while total cash distribution was Rs. 3.3 per share.

PIOC | Pioneer Cement Ltd (Q2 - Dec 2024), posted a profit of Rs. 7.7 per share for the latest quarter ending December 2024 and declared a cash dividend of Rs. 5 per share. This brings the net income of PIOC to a total of Rs. 23.4 per share for the last four quarters, while the total cash distribution over the same period was Rs. 15 per share.

TRG announced financial results for the 2nd Quarter ending Dec 2024. Earns Rs 3.5 per share for the quarter, primarily all of it is share of profit from equity investee - hard to reach the holders of  TRG shares. To pay Rs 362 million in taxes, TRG will have to rely on cash hoarded from last year.

Note on FC  convertible bonds Issued by Pace (Pakistan) Limited (PSX:PACE) On 27 December 2007, BNY Corporate Trustee Services Limited, incorporated in the United Kingdom with its registered office at One Canada Square, London E14 5AL, entered into an agreement with the Company. The agreement stipulated that the Company would issue 25,000 convertible bonds of USD 1,000 each, amounting to USD 25 million. These foreign currency convertible bonds (FCCB) were listed on the Singapore Stock Exchange and became redeemable on 28 December 2012 at the accreted principal amount. The bonds carry a mark-up of 5.5% per annum, compounded semi-annually, accretive (up until 28 December 2012), and a cash interest of 1% per annum to be paid in arrears. The bondholders had the option to convert the bonds into equity shares of the Company at any time following the issue date until the maturity date at a price calculated as per the terms of the arrangement. As of 30 June 2022, USD 13 million worth of bo...

Zarea Limited will be listed today and will trade under symbol ZAL. Opening Price Rs. 16.5 Excerpt from Prospectus of Zarea Ltd.........."ZL is a Digital Technology Company that specializes in B2B commodity trading in Pakistan. ZL provides a platform that connects B2B buyers and sellers through its website (Zarea.pk) and mobile app (Zarea). The platform is accessible for everyone, and the Company charges a Platform Usage Fee (PUF) on each transaction completed on its platform, earning revenue. For each commodity, PUF is charged as a fixed percentage of the total value of the transaction and is part of the gross transaction value charged to the customer. This fixed percentage varies for each commodity and ranges between 1% to 10%. Typically, the PUF is collected at the time of delivery, and since delivery may be carried out by a logistics provider or supplier, the collection is carried out by them. Since its inception in 2020, ZL has successfully dealt with four commodity sectors: ...