First National Equities Limited’s Post

📊 Result Announced 📊 2nd September 2024 Attock Refinery Limited (ATRL) has announced its annual financial results. EPS 2024: PKR 234.96 Cash Dividend: PKR 12.50 Bonus Share: NIL Book Closure: 8th October 2024 to 14th October 2024 Stay updated with the latest financial news and market trends. #fnel #firstnationalequitieslimited #finance #investment #stockmarket #financialresults #dividends #refinery #marketupdate #investors #equitymarkets #Pakistan #businessnews

📊 Result Announced 📊 2nd September 2024 National Refinery Limited (NRL) has released its annual financial results. LPS 2024: PKR (197.46) Cash Dividend: NIL Bonus Share: NIL Stay informed with the latest updates and market insights. #fnel #firstnationalequitieslimited #finance #investment #stockmarket #financialresults #marketupdate #investors #equitymarkets #refinery #Pakistan #businessnews

📊 Result Announced 📊 2nd September 2024 Attock Petroleum Limited (APL) has announced its annual financial results. EPS 2024: PKR 111.09 Cash Dividend: PKR 17.50 Bonus Share: NIL Book Closure: 8th October 2024 to 14th October 2024 Stay informed with the latest updates and market trends. #fnel #firstnationalequitieslimited #finance #investment #stockmarket #financialresults #dividends #petroleum #marketupdate #investors #equitymarkets #Pakistan #businessnews

📊 Result Announced 📊 2nd September 2024 Attock Petroleum Limited (APL) has announced its annual financial results. EPS 2024: PKR 111.09 Cash Dividend: PKR 17.50 Bonus Share: NIL Book Closure: 8th October 2024 to 14th October 2024 Stay informed with the latest updates and market trends. #fnel #firstnationalequitieslimited #finance #investment #stockmarket #financialresults #dividends #petroleum #marketupdate #investors #equitymarkets #Pakistan #businessnews

THCCL declares dividends as profit spikes over fourfold Thatta Cement Company Limited (PSX: THCCL) recorded an increase of 312.9% YoY in its profitability, clocking in its profit after tax at Rs1.28 billion [EPS: Rs13.97] for FY24, compared to a profit of Rs309.67m [EPS: Rs3.11] in the same period last year (SPLY). Considering the improved financial performance, the company's directors have announced a final cash dividend of Rs1 per ordinary share. #THCCL #Dividendincome #Investing #FinancialGrowth #BrokerageFirm #AbbasiAndCompany #PakistanStockExchange #FinancialTrading #MarketResearch #stockmarket #investmentopportunity #KSE100 #PSX #topbroker #profitearning #earningpershare #SPLY #cementindustry

Vitol is moving into metals trading, including copper and aluminium, to prepare for future declines in oil demand. CEO Russell Hardy views metals as essential to the energy transition and plans a gradual expansion. Recent acquisitions and hiring from competitors support this strategy. Vitol also expects stable oil prices next year, impacted by slower demand growth in China. Read full article 👉 https://lnkd.in/eu9Pv8wU #EnergyTransition #MetalsTrading #Copper #Aluminium #OilDemand #Commodities #Vitol #Sustainability #MarketShift #ChinaDemand

Attock Refinery Limited (PSX: ATRL) unveiled its #profit and #loss statement for the three months ended 2024, wherein the profit after tax almost halved to Rs4.92 billion [EPS: Rs46.13] compared to a profit of Rs8.24bn [EPS: Rs77.30] in the same period last year (SPLY). Going by the unconsolidated results, the company's top line contracted by 15.1% YoY to Rs80.4bn as compared to Rs94.73bn in SPLY. Read the full story at https://lnkd.in/dZNQ4had

Coniagas Battery Metals (TSX-V:COS) told investors it had held a second and final closing of its previously disclosed non-brokered private placement, issuing an aggregate of 858,266 units at $0.12 per unit for gross proceeds of $102,992. Each unit comprised a share and one-half of a share purchase warrant entitling the holder to purchase an additional share at $0.15 for five years from the date of issuance. Of the 858,266 units issued, 441,666 are comprised of a share that qualifies as a “flow-through share” as defined by Canada’s tax rules and one-half of a share purchase warrant, representing gross proceeds of approximately $53,000. The company issued a... http://ow.ly/5FXs105KxBB

📈 Investment Prospects: Attock Refinery Limited (ATRL) 1. Strong Fundamentals: ATRL shines as a lucrative investment opportunity with robust fundamentals. With a capacity to refine 2.6 million tons annually, ATRL exclusively refines local crude oil from the Potohar and KPK regions, ensuring a steady supply chain. 2. Anticipated Upgradation Policy: The imminent signing of the upgradation policy positions ATRL to enhance production of Euro-V-compliant fuels while minimizing furnace oil output, paving the way for increased profitability and market competitiveness. 3. Financial Growth Trajectory: ATRL's projected incremental annualized earnings, bolstered by additional deemed duty on MS and HSD, are estimated at PKR 123/share. This is anticipated to elevate the company's total profitability in FY25 to PKR 422/share, showcasing a promising growth trajectory. 4. Solid Financial Position: With a cash and cash equivalent amounting to PKR 66 billion (PKR 616/share), a debt-free status, and a robust book value, ATRL boasts one of the strongest balance sheets in the refinery sector, providing stability and confidence to investors. 5. Strategic Positioning: Situated in the northern demand center and poised for upgradation, ATRL is primed to capture a significant portion of IFEM charged by other OMCs, further augmenting its revenue streams and market share. 6. Undervalued Stock: Despite its strong performance and growth prospects, ATRL's stock is currently undervalued. Based on FY25 earnings, the fair value projection of PKR 661/share indicates a substantial upside potential of 79% from the last closing price, presenting an attractive opportunity for investors. #InvestmentOpportunity #ATRL #FinancialGrowth #UpgradationPolicy #MarketCompetitiveness

ASX WEEKLY MARKET UPDATE Scentre Group shares hit a new high after $900M deal 🏢 https://zurl.co/fbBz ALS jumps 79% in five years 📈 https://zurl.co/IxWi Mineral Resources in the spotlight ⚒️ https://zurl.co/SokW Brickworks plunges 32% due to $82M impairment 🚧 https://zurl.co/nVbL Metcash dips with mixed FY2025 update 🛒 https://zurl.co/5NkN