KESC cuts yearly losses

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GMT - 3 Hours KESC cuts yearly losses

Post by ĽĭÓń ĤéĂѓŦ on Fri Oct 07, 2011 5:32 pm

Updated at: 0002 PST, Thursday, October 06, 2011
KARACHI: The loss after tax of Karachi Electric Supply Company (KESC) has dropped to Rs9.393 billion during the year ending June 30, 2011.

According to financial results of the company dispatched to Karachi Stock Exchange here Thursday, the loss before tax has declined
to Rs10.054 billion against a loss before tax of Rs14.737 billion in
the same period last year.

The loss per share has also declined to Rs0.44 compared to Rs0.66 in the corresponding period last year. (APP)
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