Business
April 30, 2021
KARACHI: Pakistan State Oil (PSO) net profit increased to Rs8.720 billion during the quarter ended March 31, 2021, translating into earnings per share (EPS) of Rs18.57, a bourse filing said on Thursday.
The company had posted a loss of Rs3.426 billion with loss per share of Rs7.30 during the same quarter last fiscal. There was no announcement of cash back.
The company’s 9MFY21 profit surged 506 percent to Rs18.242 billion during the nine-month period ended March 31, 2021, from Rs3.008 billion during the same period last fiscal. The EPS stood at Rs38.86 during July-March 2020/21, compared to Rs6.41 during the same period last fiscal.
ADVFN surges as former director takes his stake to 18%
A look at the major movers on the London market on Thursday ADVFN in focus on stakebuilding
2.14pm: Financial website in demand
ADVFN PLC (LON:AFN) has seen its shares surge as a former director almost doubled his stake.
The financial information provider has jumped 69.01% or 24.5p to 60p as Yair Tauman, a professor of economics at State University of New York, raised his investment from 9.44% to 18.31%
Professor Taubman, a proponent of game theory, resigned as a director in 2014 due to the pressure of his academic and business commitments, and at the time he said: ADVFN is a great company and should do very well in the future to come.
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Central Petroleum Limited (ASX:CTP) Range Pilot Update - Range-8 Spuds and Range-7 Completed
Range Pilot Update - Range-8 Spuds and Range-7 CompletedBrisbane, April 28, 2021 AEST (ABN Newswire) - Central Petroleum Limited (
OTCMKTS:CNPTF) advises that Range-8, the third well in the three well Range Pilot Programme, spudded on 28 April 2021 at 07:00 Hrs.
The Range-8 well has a target depth of 680m below rotary table (RT) and will be completed across the three seams of the Walloon Coal Measures. The pilot wells will be tested over several months to confirm water and gas flow rates.
The second well in the programme, Range-7, was successfully executed in line with the well plan. Total Depth (TD) was reached at 680m RT and the Walloons coals were intercepted over a depth range from 214m RT to 607m RT. The well was successfully cased and suspended with a slotted liner over the coals and the well was prepared for completion. The wells will be brought online once all pilot wel