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PHP5.8-Bn Windfall Tax On Telcos, Oil Firms To Follow

Investment Sector: Funds
Submitted 3 months ago by Lovephileo , WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER

RP government stands to earn P5.8 billion windfall tax from the P58.1 billion in cash dividends of three telcos service providers to be paid out to their shareholders next month. Windfall profit tax is a tax on profits that ensure from a sudden windfal gain. This tax will, in addition to the normal corporate tax, be payable by the bu... More...

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Siemens Profits Beyond Expectations

Investment Sector: IPO / Secondary Offering
Submitted 7 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

The after-tax profit of Siemens (Pakistan) Engineering Company Limited increased to Rs 531.276 million in the quarter ended on March 31, 2008 against Rs 460.556 million earned in the corresponding period of last year.The company's earning per share surged to Rs 64.42 against Rs 55.84 in the same period a year back. The board of directors of ... More...

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PAK ELEKTRON LIMITED FINANCIAL REVIEW

Investment Sector: IPO / Secondary Offering
Submitted 7 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

Pak Elektron Limited (PAEL or PEL) is the pioneer manufacturer of electrical goods in Pakistan. The company is listed on all the three stock exchanges of Pakistan. Its principal activity is manufacturing and sale of electrical capital goods and domestic appliances.THE COMPANY COMPRISES TWO DIVISIONS: -- Appliances Division (Air-conditioners,... More...

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ICI Pakistan Profits Galore reaches 27% Dividend

Investment Sector: IPO / Secondary Offering
Submitted 8 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

The Board of Directors of ICI Pakistan Limited have announced a final cash dividend of Rs 3.5 per ordinary share of Rs 10 for the year ending December 31 2007. With an earlier interim dividend of 25 per cent, ICI Pakistan has declared a total share dividend of 60 per cent in 2007, as compared to the 55 per cent declared in 2006, says a press... More...

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Bank Alfalah Limited profits exceed 3.13 Billion mark

Investment Sector: IPO / Secondary Offering
Submitted 8 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

The Bank Alfalah Limited has posted a profit before provision and taxation of Rs 6.906 billion as compared to Rs 3.263 billion the previous year registering an increase of 111.62 percent. This announcement was made at the 16th annual general meeting of the Bank held at Pearl Continental Hotel.The meeting was chaired by Abdulla Khalil Al Muta... More...

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ZTBL Profits Increased

Investment Sector: IPO / Secondary Offering
Submitted 8 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

The Zarai Taraqiati Bank Ltd (ZTBL) has posted pre-tax profit of over Rs1.7 billion in the year ending on Dec 31, 2007. This growth is 183 per cent more than the last year and is unprecedented in the history of ZTBL, the officials said. A meeting of the board of directors of ZTBL on Thursday appreciated the performance of the bank while announci... More...

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New Jublee Insurance Company limited ----------Financial Review

Investment Sector: IPO / Secondary Offering
Submitted 8 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

The insurance industry of Pakistan forms a meagre part of the GDP as compared to other nations of the world. With penetration of merely 0.5%, the industry is still in its nascent stage in consequent of lower demand.The concept of insurance in Pakistan is not acceptable on account of many reasons; most prominently being the positioning, marke... More...

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New Jublee Insurance Company limited ----------Financial Review

Investment Sector: IPO / Secondary Offering
Submitted 8 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

The insurance industry of Pakistan forms a meagre part of the GDP as compared to other nations of the world. With penetration of merely 0.5%, the industry is still in its nascent stage in consequent of lower demand.The concept of insurance in Pakistan is not acceptable on account of many reasons; most prominently being the positioning, marke... More...

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UBL Bank Current Financial Review

Investment Sector: IPO / Secondary Offering
Submitted 8 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

United Bank Ltd was established on November 7, 1959 as a public limited company under the Companies Ordinance 1984.The bank was incorporated in Pakistan and is engaged in commercial banking and related services as defined in the Banking Companies Ordinance, 1962. The bank is listed on all the three stock exchanges of Pakistan. The bank opera... More...

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Hub Prower Company Limited ----Financial Review

Investment Sector: IPO / Secondary Offering
Submitted 8 months ago by Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

The Hub Power Company is a large, private sector power company and its 1,200mw plant is located 60 km from Karachi in Hub. Hubco generates electricity by four 323mw oil-fired units that are supplied by a 78km long pipeline from Pakistan State Oil.The Hub is the first and largest power station to be financed by the private sector in Southern ... More...

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