Key highlights for OGDCL Official for the quarter ended December 31, 2023 The company declared an interim cash dividend of Rs 2.50 per share (25%) for the quarter in addition to the interim dividend of Rs 1.60 per share (16%) already paid. Financial Highlights: Net sales were Rs 115,234 million, up 18% from Rs 97,223 million in Q2 of previous year Gross profit was Rs 68,212 million, up 6% Profit before tax was Rs 72,141 million, up 12% Profit for the period was Rs 74,258 million, up 78% Earnings per share was Rs 17.27, up 78% #OGDC #InterimDividends #OilAndGas
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OGDCL Announces Financial Results The Board of Directors of OGDCL on Friday announced the financial results for the quarter ended September 30, 2024. The company reported net sales revenue of Rs. 106.01 billion, with a profit after tax of Rs. 41.019 billion, translating to earnings per share (EPS) of Rs. 9.54. The Board announced a first interim cash dividend of Rs. 3.00 per share (30%) for the quarter ended September 30, 2024. Additionally, an increase in finance and other income by Rs. 9.476 billion over 1Q 2023-24 positively impacted the company’s financials. The current quarter’s collection stood at 121% against billing. OGDCL’s financial performance was, however, impacted by a final tax payment of Rs. 9.498 billion on bonus shares issued by MPCL. Additionally, forced production curtailments by SNGPL and UPL, with a financial impact of Rs. 5.230 billion, contributed to lower profitability, together negatively affecting EPS by Rs. 3.42. OGDCL contributed Rs. 42.09 billion to the national exchequer through taxes, dividends, and royalties. During the reporting period, the company's exploration efforts yielded two gas condensate discoveries in Punjab and Sindh. #OGDCL #FinancialResults #Revenue #Oil&Gas #EnergySecurity
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BPCL Q4 Results: Net profit drops 35% YoY to Rs 4,224 crore; co approves 1:1 bonus issue State-run BPCL on Thursday posted a 35% drop in its standalone net profit at Rs 4,224 crore in the quarter ended March 2024, compared with Rs 6,478 crore in the last-year period. The Street had estimated the profit at Rs 5325 crore. The company's board has also approved a bonus issue in the proportion of 1:1, where investors get one extra share for every one share held in the company. #q4 #BPCL #bpclimited #Q4FY24Results #stockmarket #directusinvestments
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BPCL Q4 Results: Net profit drops 35% YoY to Rs 4,224 crore; co approves 1:1 bonus issue State-run BPCL on Thursday posted a 35% drop in its standalone net profit at Rs 4,224 crore in the quarter ended March 2024, compared with Rs 6,478 crore in the last-year period. The Street had estimated the profit at Rs 5325 crore. The company's board has also approved a bonus issue in the proportion of 1:1, where investors get one extra share for every one share held in the company. #q4 #BPCL #bpclimited #Q4FY24Results #stockmarket #directusinvestments
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Doubling Your Share Happiness: Get Ready for a Bonus Share Bonanza! Get set to double your investment delight as BPCL announces an exciting bonus share issuance! In line with SEBI regulations, the Board has proposed a generous 1:1 bonus share distribution. This means for every existing equity share you own, you'll receive an additional one – absolutely free! But mark your calendars; the eligibility window closes on June 22nd. Follow US for more UPDATES !! #bpcl #bonus #investing #growth #sharemarket #india
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AHL Alert: 29-Apr-2024 The Hub Power Company Limited (HUBC) announced its 9MFY24 financial result today where the company posted consolidated earnings of PKR 49,547mn (EPS: PKR 38.20), up by 47% YoY compared to PKR 33,647mn (EPS: PKR 25.94) during 9MFY23. In 3QFY24 profitability increased by 53% YoY arriving at PKR 17,186mn (EPS: PKR 13.25) compared to SPLY. Along with the result, the company also announced a cash dividend of PKR 2.50/share (9MFY24: PKR 11.50/share). #KSE100 #PSX #Equities #Pakistan
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MVIL core business is a monopoly dictated by law. Therefore revenue and cash flow generated from it's core activity renders it an attractive cash cow for its shareholder, KCH and the government. It remains one of the top performing SOEs based on profitability, dividend payments and strong cashflows, I would imagine, considering the nature of its business. Investing in profitable companies like BSP is prudent investment decision. Given the nature of its business, capital allocation in external investment creates revenue streams outside it's core business. BSP's opex is funded by interest income from its loan portfolios and TBs with BPNG. It is also a successful bank that generates profits annually and pays dividends to its shareholders. So what is the rationale for MVIL to sell half of its shareholding with BSP? Is it to minimise it's exposure by selling out half of its shares held with BSP? This rationale does not seemed credible. Why sell out on a profitable investment and minimise returns? Is KCH in dire need of cash to fund government budget shortfalls? #mvil #bsp #kch
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NCL Industries Looking Bullish! Current Price: ₹216 Looking good above: ₹224 (1D timeframe CLB) Potential Target Prices: T1: ₹258 T2: ₹304 Stop Loss: ₹200 (CLB) Logic: NCL Industries bounced from 200 SMA and took a pause. A sustained move above ₹224 can lead to a good rally upside. #investing #stockmarket #analysis #NCLIndustries P.S. This is not financial advice, please do your own research before making any investment decisions.
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PPGPL’s Performance Bolsters TTNGL’s Profits Trinidad and Tobago NGL Limited (TTNGL), a significant shareholder in Phoenix Park Gas Processors Limited (PPGPL), once again posted a solid financial performance in Q2 of 2024. This represents a remarkable year-on-year improvement compared to the corresponding period in 2023. This substantial recovery translates to earnings per share of TT$0.30. The NGC Group Chairman, Dr. Joseph Ishmael Khan noted that increased profitability of TTNGL’s underlying asset, PPGPL was the main driver behind the robust performance, which was bolstered by higher Mont Belvieu prices. Click links for details. PPGPL’s Performance bolsters TTNGL’s Profits for First Half of 2024 | Trinidad and Tobago NGL Limited https://lnkd.in/e3EMzpa8 Condensed Interim Financial Statements for Six Months ended 30 Jun, 2024 | Trinidad and Tobago NGL Limited https://lnkd.in/euNhkSje
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📢 BPCL and HPCL to Consider Bonus Share Issue This Week 📢 💼 Opportunity for investors & traders! 📈 Boosting attractiveness for retail investors. 🔍 Fifth bonus issue for BPCL, third for HPCL. Dive deeper into their plans: https://bit.ly/4brH6dE #Investing #BonusShares #Sharemarket
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ACL Cables PLC’s (ACL.N) net income for the quarter ended March 2024 decreased by 18% YoY. See below a snapshot of the latest earnings. #cse #srilanka #stockmarket #investing #equityresearch #growth #sentiment #capitalmarkets #stockanalysis #economynews #investmentresearch #marketanalysis #stockbrokers #marketperform
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