LOADS announces Hi-Tech plant is 90% complete
LOADS Ltd. (LOADS) held its corporate briefing today to discuss its FY24 financial results and future outlook. The following are the key highlights: The company posted a topline of PkR4.4bn…
Organic Meat Company announced a Right Issue of 30mn shares
Organic Meat Company Limited (TOMCL) has announced a Right Issue of 30mn shares at PKR 27/—per share (inclusive of PKR 17/—premium), raising PKR 810mn to fund strategic initiatives. The Right…
NML restructures its investments amid LHC approves scheme of Arrangement
Lahore High Court has sanctioned the scheme of arrangement between NCPL and NCL, effective November 1, 24. To recall, Nishat Mills Limited (NML) is restructuring its investments in Nishat Chunian…
Image Pakistan opening a new outlet in Dolmen Mall Lahore in Nov‘24.
Image Pakistan Ltd (IMAGE) held its analyst briefing today to brief investors about FY24 financial results and shed light on the future outlook: · Company posted topline of PkR3.9bn in FY24…
Nishat Chunian Power Q1 Profit Up 5.8%
Amid the hue and cry by the public over highly inflated electricity bills, Nishat Chunian Power Limited recorded a 5.8 per cent growth in its net profit despite a plunge…
SEARL has reported net revenues of PKR7.6bn
SEARL has reported 1QFY25 attributable NPAT (both continuing and discontinued ops) of PKR408mn (EPS: PKR0.80), up 3.3x YoY and much higher than our estimated EPS of PKR0.2/sh. Attributable profits from…
HUBC: 1QFY25 earnings arrived at PKR 14.74/share, up by 12% YoY: AHL Research
The Hub Power Company Limited (HUBC) announced its 1QFY25 financial result today. The company posted consolidated earnings of PKR 19,125mn (EPS: PKR 14.74), up 12% YoY compared to PKR 17,082mn…
Dawlance converts its factories to Solar Energy
Dawlance, Pakistan's leading home appliances manufacturer, has embraced solar power in its manufacturing plants in Karachi with an investment of more than 1,100,000 Euros. The launch of the new solar panel installations…
Engro Corporation saw a decline in its profit during 9MCY24
Engro Corporation Limited (ENGRO) announced its 9MCY24 financial result with a consolidated profit after tax of PKR 11,983mn (EPS: PKR 22.33), a 48% decline YoY. On a quarterly basis, the…
HUBC – 1QFY25E earnings to clock in at PkR14.1/sh: AKD Research
We expect Hub Power Company Ltd (HUBC) to post NPAT of PkR18.3bn (EPS: 14.1/sh) for 1QFY25, up 7%YoY; however, down 10% on a QoQ basis. The incline mentioned above on a…
Mitchells Fruit Farms sold 7 acres of land in Renala Khurd for PkR350mn
Mitchells Fruit Farms Limited (MFFL) held its analyst briefing to discuss FY24 results and its future outlook. The following are the key highlights: MFFL posted a profit of PkR456mn (EPS:…
GTYR anticipates that the Green Tractor scheme in Punjab will increase its sales gradually
Ghandhara Tyre & Rubber Company Ltd. (GTYR) held its analyst briefing today to discuss FY24 and 1QFY25 results and its future outlook. The following are the key highlights: The company…
National Foods products export are expected to reach USD 15mn.
National Foods Limited (NATF) held its corporate briefing session today to discuss the financial results of FY24 and the company's future outlook. Key highlights of the briefing are as follows:…
Systems Limited unveiled the financial result for 9MCY24, today
Systems Limited (SYS) today unveiled the financial result for 9MCY24, posting a consolidated profit after Tax (PAT) of PKR 5,432mn (EPS: PKR 18.6) against PKR 7,146mn (EPS: PKR 24.5) in…
Security Papers Limited (SPL) achieves 5.75pc Profit Growth in Q1 FY2024-25
Security Papers Limited (SPL) has announced its unaudited financial results for the first quarter, which ended September 30, 2024. The company recorded a 5.75% growth in after-tax profit compared to…
eTurbo Motors has launched the fastest and most economical electric motorcycles.
eTurbo Motors has set a new benchmark in Pakistan’s electric vehicle (EV) industry by launching the country’s fastest and most economical electric motorcycles. The launch event, held in Karachi, was…
TCL Electronics wins Middle East International Business Award 2024
TCL, Pakistan’s No. 1 LED TV brand, has proudly secured the coveted Middle East International Business Award 2024 in the Television category for its trailblazing TCL 115” X955 Max, the…
5th TEXPO 2024 to take place from October 23rd to 25th, 2024, at the Expo Centre Karachi.
The Premier Textile and Leather Event in Pakistan Karachi, Pakistan - The TEXPO 2024, the flagship event for the Textile and Leather industry of Pakistan, is set to take place…
Unity Foods recorded a loss of Rs2.17bn in 4QFY24
§ UNITY announced its 4QFY24 result recently, where the company recorded loss of Rs2.17bn (LPS of Rs1.82), compared to profit of Rs1.25bn (EPS of Rs1.04) in 4QFY23. Higher than expected…
BF Biosciences IPO general subscription on 2nd and 3rd October!
The general public will subscribe 6.25 million shares, 25 percent of the total offer size of BF Biosciences IPO, on October 2nd and 3rd at the strike price of Rs…
Xiaomi TV a revenue diversificationa for Air Link Communication
We initiate coverage on Air Link Communication Limited (AIRLINK) with a “BUY” call and a Jun’25 target price of PKR 186.9/share, implying a 47.9% upside from current levels. Our call…
JD Technology has announced a strategic partnership with East River Digital
JD Technology, a global technology and e-commerce company, has announced a strategic partnership with East River Digital, a digital marketing agency in Pakistan. This collaboration, formalized at JD Technology's headquarters…
Jazz hosts beach cleanup to Celebrate World Cleanup Day
As part of its commitment to environmental sustainability, Jazz, Pakistan’s leading digital operator, they organized a beach cleanup at Clifton Beach, Karachi, on World Cleanup Day. The initiative, aligned with…
HID launches the FARGO HDP5000e in Pakistan
HID®, a worldwide leader in trusted identity solutions, today announced the launch of the next-generation FARGO® HDP5000e, designed to deliver vibrant, high-definition cards and IDs across Pakistan. HID's Isaac Young, VP…
SI Global signs partnership with global tech company ProDevice
SI Global Solutions, a leading Pakistani system integration and IT company, has signed a strategic agreement with the global tech firm, ProDevice, to become its exclusive partner in Pakistan. This…