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Grkn SNGPL succeeds in cutting line losses to 8.07% saves billions
  RAWALPINDI/ISLAMABAD:The special court recently formed to hear cases registered under the Official Secrets Act, 1923 on Tuesday recorded the testimonies of three witnesses against PTI Chairm air max 96 an Imran Khan and his fellow party leader Shah Mahmood Qureshi in the diplomatic cypher case.Judge Abual Hasnat Zulqarnain of the special court has started holding regular hearings of the matter.The three witnesses belong to the foreign affairs ministry and have been cross-examined by defence lawyers.The special court adjourned the hearing till November 10 and summoned three more prosecution witnesses.There are a total of 28 offici new balance nb 530 al witnesses in the case. After the testimonies of three of them were recorded, 25 are left.The prosecution is expected to present 12 to 15 more witnesses in the court while the rest will be relinquished.The in-camera hearing of the case took place at the special court set up in air af1  Rawalpindi  rsquo s Adiala Jail.The process of recording the testimonies started at 10:10am and  Ejeo PR fails to tighten its belt as losses pile up
 KARACHI:The Indus Motor Company (INDU) has announced a substantial drop of 75% in their net profits during the first quarter ended September, 2022.According to the financial result announced on Thursday, the car manufacturer posted profit after tax (PAT) of around Rs1.3 billion, which is abysmally low against Rs5.4 billion in the corresponding quarter of 2021. Earnings per share (EPS) for the quarter under review clocked in at Rs16.5 against EPS Rs69.0 in the same period of last year.Insight Securities Auto Analyst Asad Ali said,   ldquo  The results are lower than the industry expected  a major deviation came from gross loss.  rdquo   ldquo On sequential basis, earn- ings increased by 76% due to the absence of a 10% super tax,  rdquo  he said, explained that   ldquo the company  rsquo s effective tax rate was recorded at 88% in the fourth quarter of the financial year (FY) 2022, whic nike air max97 h eroded the bottom line jordan7 .  rdquo Ismail Iqbal Securities Auto Analyst Muhammad Saad Imran obs airmax plus erved that   ldquo