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SNGPL profit surges 69pc in 1QFY21 - Newspaper


The SNGPL s earnings per share rose to Rs5.01 in for 1QFY21 as against Rs2.96 in the corresponding quarter of 2019-20. Reuters/File
LAHORE: Sui Northern Gas Company Ltd (SNGPL) on Monday announced that the profit-after-tax (PAT) for the first quarter (July-September) of FY21 jumped by 69.20 per cent to Rs3.181 billion compared to Rs1.880bn in the same period the preceding year.
The earnings per share (EPS) rose to Rs5.01 in for 1QFY21 as against Rs2.96 in the corresponding quarter of 2019-20.
A spokesman while sharing the company’s latest financial numbers said that owing to decrease in finance cost by Rs1.176bn and decrease in unaccounted-for-gas (UFG) disallowance by Rs648 million, the company despite all the economic, financial, circular debt challenges and prevailing lockdown situation due to Covid-19 has witnessed increase in profit during the first quarter of 2020-21. ....

Sui Northern Gas Company Ltd , ஸூயீ வடக்கு வாயு நிறுவனம் லிமிடெட் ,