PSX Update

People actually are happier when they make more money
: Wharton study

During Oct-2020, the KSE-100 took a bit of a breather, declining by 1.7% MoM to reach ~39,900 levels, whereas during FY21TD, the market's return stood at 15.9%.

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Engro Powergen Qadirpur Limited (PSX:EPQL) profitability declined by 22.1% in 3rd Quarter

has the Financial result of 3rd Quarter in which the company announced the After Tax of Rs. 2.03 Mn, along with the EPS of Rs. 6.27. The company earnings declined by 22.1% YoY basis.

The ’s earning declined mainly due to the Low sales and Higher . Net Sales of the company were decline 35.7% to Rs. 6.96Mn. Moreover, the Cost of Sales also declined by 36.3% that translated into the Gross Profit of Rs. 1.84Mn, decreased by 33.9% YoY basis.

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