Thursday 25 August 2011

Financial result: LOTTE earnings swell by 70pct

KARACHI: LOTTE Pakistan (LOTPTA) has announced its financial results on Thursday for the half year ended 30 June 2011, according to the notice sent by company to Karachi Stock Exchange (KSE).


The performance of the company remained buoyant during the period and its net earnings were recorded at Rs 3.69 billion as compared to Rs 2.17 billion recorded in the same period last year, translating into a growth of 70 percent.


The Earnings per share (EPS) of the company stood at Rs 2.44 as compared to Rs 1.44 recorded in the same period last year.


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