NML to post 3QFY22 earnings of PkR6.13/sh:
We expect Nishat Mills Limited (NML) to post NPAT of PkR2.2bn (EPS: PkR6.13) in 3QFY22 vs PkR1.9bn (EPS: PkR5.32) in 3QFY21, up by 15.2%YoY. This will take 9MFY22 earnings to…
Indus Motor Company announces an interim cash dividend of Rs26/share
Indus Motor Company (INDU) announced its 3QFY22 financial result, where the company posted earnings of Rs5,118mn (EPS: Rs65.1) compared to Rs3,614mn (EPS: Rs46.0) in the same period last year. The…
A review of 1QCY21: Systems Ltd
System Ltd is expected to post 1QCY22 consolidated NPAT of PKR1.1bn (EPS: PKR4.12), up 89% yoy, but down 38% qoq (sequential decline is due to absence of one-off FV adjustment…
Interloop Ltd revenues rose by c.70% yoy to PKR21.3bn
Interloop (ILP) reported 3QFY22 NPAT of PKR2.3bn (EPS: PKR2.54), up c.35% yoy, and c.10% qoq. This takes 9MFY22 NPAT to PKR7.0bn (EPS: PKR7.79), up c.50% yoy. The result significantly missed…
LUCK: Company to post earnings of PKR 14.39/share during 3QFY22
Lucky Cement Limited (LUCK) is scheduled to announce its 3QFY22 financial result on Apr 27th, 2022, whereby we expect the company to post a profit after tax (PAT) of PKR…
Meezan Bank gives a dividend of Rs1.75/share
Meezan Bank Limited (MEBL) announced consolidated earnings of Rs9,244mn for 1Q2022 translating into an EPS of Rs5.64 up 51% YoY and 9% QoQ. Alongside the result, a dividend of Rs1.75/share…
Tariq Glass Industries reports all-time high GMs backed by better pricing power – expected Target Price is PKR179/sh
TGL has posted 3QFY22 NPAT of PKR1.2bn (EPS: PKR8.83), nearly doubling yoy but down 18%qoq. The sequential reduction in profitability is due to lower sales (seasonality and temporary unavailability of…
Huawei Consumer BG enters the enterprise market with a new lineup of office products
Huawei Consumer BG will now enter the enterprise market officially, serving government and enterprise customers, as well as individual consumers. The announcement was made by Richard Yu, Huawei's Executive Director,…
realme 9 Pro+ now available across Pakistan
After a bustling week of pre-orders, the realme 9 Pro+ is finally available for purchase starting today, Monday, April 25, 2022. Wrapping up a successful week, the realme 9 Pro+…
Pak Suzuki Motor booked a loss of Rs5.6/share in 1QCL2022
Pak Suzuki Motor (PSMC) reported its 1Q2022 result today where the company booked a loss of Rs5.6/share against a profit of Rs9.5/share in the same period last year. The result…
Carrefour Pakistan invests PKR 1 billion towards two new stores
Carrefour, fully owned and operated by UAE based Majid Al Futtaim in Pakistan, signed a Joint Venture Agreement with the Defence Housing Authority (DHA) Lahore on 26th April 2022, to…
Presidents’ Forum of Hubei-South Asian Universities
Dr. Arshad Ahmad, LUMS Vice Chancellor, gave a keynote address on 'Cooperation and Exchange Between Universities in Hubei and South Asia in a Post-Epidemic era', at the recently held 2022…
Bank Alfalah’s another strong quarter; PAT up by 45%
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 26, 2022, revealed BAFL's financial results for the quarter ended March 31, 2022. The Bank's…
PPL donates ambulances to BHUs in Jamshoro
As part of its diverse Corporate Social Responsibility Programme, Pakistan Petroleum Limited (PPL) handed over two fully equipped Toyota Hilux Standard ambulances for Basic Health Units (BHU), at Taluka Thana…
Jubilee Life Insurance organizes an iftar dinner at Kiran Foundation
Jubilee Life Insurance organizes an iftar dinner at Kiran Foundation for its children and the staff during Ramazan 2022. Singer Natasha Baig along with the management of Jubilee Life was…
‘UPaisa Ramzan Offer’ for donors supporting Pakistani welfare organizations
This Ramzan, UPaisa offers exciting rewards to Ufone 4G prepaid customers for extending financial aid to donation companies and public welfare organizations in Pakistan. To express gratitude to donors, UPaisa…
Khushhali Microfinance Bank empowers the women through Skill Training
Khushhali Microfinance Bank Limited (KMBL) in collaboration with the Institute of Rural Management (IRM) has successfully completed the skill development program for women from Rawalpindi's marginalized communities. The aim of…
PPL share earnings may go up to EPS: PKR 19.00
Pakistan Petroleum Limited (PPL) is expected to announce its 9MFY22's financial result on 27th Apr'22, where we project the company's bottom-line to clock in at PKR 51,691mn (EPS: PKR 19.00)…
OGDC is likely to announce a cash dividend of PKR 3.75/share in 3QFY22
Oil & Gas Development Company Limited (OGDC) is scheduled to announce its 9MFY22's financial result on 28th Apr'22, where we expect earnings to settle at PKR 109,968mn (EPS: PKR 25.57),…
Jazz Digit 4G launches handset to boost internet access for low-income women
To expand the benefits of mobile broadband, especially among low-income segments in Pakistan, Jazz Digit 4G has been recognized as a successful rollout globally by the organization representing mobile network…
German Ed Tech Company Mersys enters Pakistani market by partnering with Excellence Delivered
With the vision of providing quality education for everyone, everywhere, Mersys enters the Pakistani market with a partnership with ExD. With this partnership, ExD will provide Mersys' state of the…
Earth Day: Jazz to achieve net-zero emissions by 2050
Today, as we celebrate World Earth Day it is essential for us to understand that responding to climate change is not an option anymore, in fact, there is a climate…
Govt facing consequences of poor performance: Mian Zahid Hussain
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance and Former Provincial Minister Mian Zahid Hussain on Monday said Prime Minister Shahbaz…
Pakistan has ample stocks of MS and HSD, says OCAC
Oil Companies Advisory Council (OCAC), the primary representative of the downstream oil industry of Pakistan, has reported that ample stocks of Motor Spirit (MS) & High Speed Diesel (HSD) are…
Pak-Qatar Family Takaful given A++ Credit Rating from VIS & PACRA
VIS Credit Rating Company and PACRA has harmonized the Insurer Financial Strength rating of Pak-Qatar Family Takaful Limited (PQFTL) at 'A++' with Stable Outlook. The rating assigned signifies high capacity…
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