Lucky Cement (PSX:LUCK) announced a very good result thanks mostly to the stable USD/PKR rate for the past ten months and global oil prices. Richard Bay Coal prices has also come down to settle just above 100 USD price and that has been stable. Gross profit has increased by nearly 35% after a very quiet […]
Gross profit and net profit are two key financial metrics that measure a company’s profitability. However, they represent different stages of the profit-making process. Gross Profit Gross profit is the revenue a company generates minus the cost of goods sold (COGS). COGS includes the direct costs associated with producing or acquiring the products sold. […]
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The Cabinet Committee on Privatisation (CCoP) is scheduled to meet on Friday (Aug 2 2024) to approve Privatisation Programme 2024-25, besides transfer of 322,640.900 shares of OGDCL to Petroleum Division or Pakistan Sovereign Wealth Fund (PSWF) The CCoP is set to approve 24 SOE (State Operated Enterprises) for privatization. This is in line with one […]
