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KARACHI:Despite recording almost double sales, Amreli Steels Limited s profit plunged 67.2% to Rs107.7 million in the second quarter ended
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adidas originals had reported earnings of Rs328.6 million in the same period of previous year.Earnings per share (EPS) of Amreli Steels came in at Rs0.36 in the Oct-Dec 2018 quarter against Rs1.11 in the quarter ended December 31, 2017. Sales stood at Rs6.4 billion in the second quarter of FY19, 1.8 times higher than Rs3.5 billion in the same quarter of 2017. Despite the handsome revenue, the company could not increase its profit. This was due to decrease in gross profit margins by 900 basis points year-on-year
air max 2090 and increase in finance cost by 2.56 times year-on-year, said Topline Securities.The company s stock closed at Rs45.56, down Rs2.39 with trading in 920,500 shares on Thursday. The KSE-100 index closed at 39,054.60 points, up 361.91 points.The steel producer poste Rmgb Moot discusses quality of graduates
The聽Google Doodle on Tuesday聽celebrated the polymath physician and philosopher Ali聽al Husayn Ibn Sina.One of the most influential thinkers of all time, Ibn Sina was a polymath who excelled in fields as far ranging as mathematics, physics, medicine and philosophy.His works in these fields still influence much of modern-day thought.Ibn Sina was born in 980 in Afsana, present-day Uzbekistan, during the Islamic Golden Age. The literal meaning of his name is son of Sina.His prodigious intellect manifested itself from an early age. By the age of 10, he had memorised the Holy Quran and by 13 was studying medicine.At the age of 16, he h
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