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The 50 HP Solis Hybrid 5015 tractor is a customised product that features a traditional diesel engine and a lithium-ion battery. It offers a continuous power supply through a synchro-controller and is maintenance-free. International Tractors Limited (ITL) has launched the Solis Hybrid 5015 tractor at a price of Rs. 7,21,000 (ex-showroom Pan India). The hybrid powertrain for the tractor has been developed in collaboration with Japanese company, Yanmar Agribusiness Co. Ltd. The new 50 HP Solis Hybrid 5015 tractor is a customised product that features a traditional diesel engine and a lithium-ion battery. It offers a continuous power supply through a synchro-controller and is maintenance-free. The high voltage tractor battery can be charged with a 16A household socket plug. A full charge is claimed to take in less than 3 hours. An auto-charging cut-off function that is claimed to result in longer battery life, has been provided. It also offers ‘charging on the go’ for co ....
Business February 20, 2021 Kot Addu Power Company (Kapco) has announced a net profit of Rs5.296 billion for the quarter ended December 31, 2020, which is 20.9 percent lower than the profit of Rs6.69 billion recorded in the same quarter last year. The EPS clocked in at Rs6.02 compared with EPS of Rs7.6 in the same period of the previous year. Kapco did not announce any interim cash dividend. Taurus Research in its report said, “True up income (difference between the revenue billed and the revenue collected in rupees due to depreciation of rupee against USD) decreased due to lesser collection of overdue receivables in this quarter. Nevertheless, collections are expected to improve in the coming quarters.” ....
Pakistan Stock Exchange Announces Top 25 Companies Awards Recipients National February 10, 2021 Karachi: In a year full of events and developments, some positive and some challenging, Pakistan Stock Exchange has announced the recipients of the Top 25 Companies Awards for the year 2019. As per tradition, the criteria for selecting such companies was also updated and upgraded in 2019 in line with the evolving business environment and requirements. The Top 25 Companies Award is a tradition at Pakistan Stock Exchange which goes back to 1978. On the announcement of the Top 25 Companies Awards recipients, the MD & CEO of Pakistan Stock Exchange, Mr. Farrukh H. Khan, stated, “Top 25 Companies Award is the most prestigious recognition of overall corporate performance in Pakistan. I would like to congratulate all the companies that have achieved this distinction for 2019.’’ ....