trending Market Intelligence /marketintelligence/en/news-insights/trending/jBWqsx7bahPOZQv5UKs-Vg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Feroze1888 Mills fiscal Q4 profit falls YOY

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

CUSIP Requests Surge in September Led by Higher Corporate and Municipal Totals

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Feroze1888 Mills fiscal Q4 profit falls YOY

Feroze1888 Mills Ltd said its normalized net income for the fiscal fourth quarter ended June 30 amounted to 1.45 Pakistani rupees per share, a decline from 1.49 rupees per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 547.0 million rupees, a decrease from 561.3 million rupees in the year-earlier period.

The normalized profit margin fell to 10.8% from 12.0% in the year-earlier period.

Total revenue increased 8.5% year over year to 5.07 billion rupees from 4.67 billion rupees, and total operating expenses increased 9.2% year over year to 4.18 billion rupees from 3.83 billion rupees.

Reported net income decreased on an annual basis to 803.7 million rupees, or 2.13 rupees per share, from 830.2 million rupees, or 2.20 rupees per share.

For the year, the company's normalized net income totaled 6.68 rupees per share, a gain of 59.4% from 4.19 rupees per share in the prior year.

Normalized net income was 2.52 billion rupees, an increase of 59.4% from 1.58 billion rupees in the prior year.

Full-year total revenue increased 12.2% on an annual basis to 19.66 billion rupees from 17.53 billion rupees, and total operating expenses rose year over year to 15.55 billion rupees from 14.97 billion rupees.

The company said reported net income grew 63.8% year over year to 3.81 billion rupees, or 10.11 rupees per share, in the full year, from 2.33 billion rupees, or 6.17 rupees per share.

As of Sept. 29, US$1 was equivalent to 104.66 Pakistani rupees.