We expect E&P sector earnings to decline by 14%YoY during 3QFY25, on the back of i) lower hydrocarbon production due to supply curtailments, ii) lower oil and wellhead gas prices,…
Global stock markets tumbled after a surprise move by U.S. President Donald Trump, who announced new tariffs on imports, sparking fresh fears of a trade war. Countries like China responded…
The two-day trading week following the Eid-ul-Fitr holidays commenced positively, with the KSE-100 index reaching an all-time intraday high of 120,797 points on Friday. The Prime Minister’s announcement of significant…
Lalpir Power Limited recently released its financial results for the year ended December 31, 2024. The announcement came after the Board of Directors meeting on March 28, 2025. While the…
The KSE-100 index witnessed a slight pullback during the week, retreating after reaching its highest-ever closing in the previous week. The profit taking was driven by substantial selling from Insurance…
Treet Corporation Ltd. (TREET) held its corporate briefing yesterday to discuss its 1HFY25 financial results and future outlook. The following are the key highlights: The company posted an unconsolidated topline…
Engro Powergen Qadirpur Ltd (EPQL) held its analyst briefing earlier today, where the management discussed the following: Net sales stood at PkR13.2bn during the year, unchanged on a YoY basis.…
We raise our June 2026 TP for HUBC to PKR149/sh, driven by strong dividend potential, and upgrade our rating from Neutral to Buy. While our earnings estimates remain unchanged, enhanced…
The Hub Power Company Limited (HUBC) is set to announce its 1HFY25 financial results on Feb 26th, 2025. We anticipate the company to report consolidated earnings of PKR 30,938mn (EPS:…
Millat Tractors Limited (MTL) announced its 2QFY25 result today, wherein the company recorded a profit of Rs3bn (EPS of Rs15.86), up 3% YoY. On QoQ basis, earnings significantly increased by…
The book-building process for Barkat Frisian Agro Limited’s Initial Public Offer (IPO) has concluded with an oversubscription of 16.25 times, a historical development at PSX. The IPO received an unbelievably…
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year ended December 31, 2024. Despite experiencing 17% year-on-year sales growth in the first half of the year, driven…
Engro Polymer & Chemicals Ltd (EPCL) management held an analyst briefing session to discuss the company’s performance for CY24 and future outlook. Brief Takeaways To recall, the company posted a…
PSO is scheduled to announce its 2QFY25 financial results on February 13, 2025. PSO is anticipated to declare a profit after tax of PKR6,937mn (EPS: PKR 14.78) in 2QFY25, reflecting a…
Engro Polymer & Chemicals Ltd. (EPCL) announced its 4QCY24 financial results, wherein the company reported consolidated earnings of PkR2.1bn (EPS: PkR2.3), a 40%YoY decline from PkR3.5bn (EPS: PkR3.7) in SPLY.…
Barkat Frisian Agro Limited, a joint venture of Frisian Egg Group of Netherlands and Pakistan’s Buksh Group, is all set to raise up to 1.2 billion financing from PSX through…
Market Commentary The market remained negative throughout the week, driven by profit-taking, selling pressures, and concerns about the upcoming IMF review. On the economic front, the headline inflation for Jan’25…
We expect Engro Polymer & Chemicals Ltd. (EPCL) to post a loss of PkR634mn (LPS: PkR0.7) in 4QCY24E, compared to a profit of PkR3.5bn (EPS: PkR3.7) in SPLY. We expect…
Security Papers Limited (SPL) has announced its unaudited financial results for the half year ended December 31, 2024. The company has achieved robust growth, with a remarkable 7.5% rise in…
CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited, proudly announces the launch of its latest innovation: E-Voting through WhatsApp. This revolutionary feature…
Hub Power Company Ltd (HUBC) is expected to report a consolidated profit after tax of PKR10.1bn (EPS: PKR7.75) for 2QFY25, which will be a sharp decline of 47% QoQ and…
Siemens (Pakistan) Engineering held its corporate briefing session to discuss annual results and provide insight into the outlook for the future. The key takeaways from the call are as follows:…
We reiterate our Buy stance on Pak Elektron (PAEL) with a Dec 2025 Target Price (TP) of Rs58/share, offering a potential upside of 38%. We are revising up our earning…
• Engro Corporation Limited (ENGRO) and Dawood Hercules Corporation Limited (DAWH) are set to finalize the restructuring process in line with the Scheme of Arrangement. Both companies have completed the regulatory…
Murree Brewery (MUREB) is one of the alpha stocks we recommended in our Strategy Report 2025 dated Nov 16, 2024. Our Dec-2025 Target Price of Rs1,505/share offers a potential total…
