Depreciating PKR-USD Parity squeezed the earnings of Pakistan Paper Products Limited
2/20/2012 3:17:19 PM
Pakistan Paper Products limited (PPP) revealed its result for the period ended December 31, 2011. In spite of the grimed law and order situation along with the slow paced economical activities which keep depicting un-favored environment for the company’s earning, the company productively managed to sustain in profit. In this respects, the company highlighted 4pct growth in its bottom-line to PKR 11.30 Million during the first half year of the current fiscal year 2011-2012, resulting in the Earning per share (EPS) of PKR 2.26 per share comparing to the net profit and EPS of PKR 10.87 Million and PKR 2.17 per share respectively.
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