Unity Foods exports increased to 7.86bn in FY24
Unity Foods (UNITY) conducted an analyst briefing today to discuss its business performance and future outlook. The company posted revenue of Rs83bn in FY24, with 48%, 27%, 13%, and 11%…
IBEX repurchased shares worth US$70mn from TRG International
TRG Pakistan (TRG) Pakistan has notified that its associate, The Resource Group International (TRGI), has entered into a definitive agreement with its portfolio company, IBEX Limited (Nasdaq: IBEX), under which…
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…
Pakistan Index likely to reach 127k by Dec 2025; Topline Research anticipates
Fueled by economic stability and fiscal consolidation, Pakistan Stock Market (PSX) is set to touch 127k by Dec 2025, suggesting a return of 37%, including a dividend yield of 10%.…
Macpac Films Limited Corporate Briefing Summary
In their recent corporate briefing, Macpac Films Limited (MACFL) reviewed their performance for the fiscal year 2024 and the first quarter of 2025. Founded in 1993 by Mr. Maqbool Elahi…
Fast Cables BMR activity, as outlined in the IPO plan, remains on track
Fast Cables Ltd (FCL) held its analyst briefing earlier today to brief investors about FY24 results and future outlook: The company reported an NPAT of PkR1.89bn (EPS: PkR3.0) during FY24,…
Trump’s re-election could be (initially) a net positive for Pakistan: IMS Research
Donald Trump’s second term as the US President is expected to profoundly impact geopolitics and global asset/commodity prices, which would ultimately have implications for the ongoing macro recovery in Pakistan.…
HUBC and PSO sign an MoU to set up EV charging network across Pakistan.
Hub Power Holdings Ltd (HUBCO/HPHL) and Pakistan State Oil (PSO) have signed an MoU to jointly establish an electric vehicle (EV) charging network across Pakistan. The partnership aligns with GoP…
KSE100 surged ahead and moved in new high territories during October: Spectrum Research
KSE100 surged ahead and moved in new high territories during October and recorded its highest monthly increase of 9.7% (+7852 points to close at 88,966) since Nov 2023. The market…
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…
Check which sector performance best in 3QCY24 amid earnings declined by 16% YoY
KSE-100 profitability declined by 16% YoY to PKR 400bn in 3QCY24. The decline is mainly attributable to a drop in earnings in the E&Ps, Chemicals, OGMCs, Food, Textile Composite, Refinery,…
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…
The market can see some profit-taking and correct down to the 88k level: Arif Habib Ltd
A volatile session with earnings season in full swing 43 shares rose while 54 fell, with SYS PA (+4.21%), COLG PA (+6.81%) and PSO PA (+4.0%) the biggest contributors to…
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…
The market is expected to remain positive, with a primary focus on the upcoming MPC meeting
Weekly Review Market remained strong throughout the week, with KSE-100 index reaching its highest-ever closing, just shy of the 89k mark, closing at 89,994pts, up by 5.6%WoW. This marked the…
KAPCO has applied for a seven-year extension for its generation license
Kot Addu Power Company Limited (KAPCO) conducted its analyst briefing earlier today to present investors with updates on their FY24 results and offer insights into the future outlook: KAPCO is…
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:…
Lucky Cement commissions 28.8 MW wind power plant at the Karachi Plant
Pakistan’s leading cement producer, Lucky Cement Ltd, announced today that it had informed the Pakistan Stock Exchange of the successful completion and commissioning of a 28.8 MW captive wind power…
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…
Air Link Communication is set to start TV production in December ’24
The management of Air Link Communication Limited held an analyst briefing session on 17nd Oct’24 to discuss the company’s performance and future outlook. Brief Takeaways To recall, the company posted a…
HUBC to sell BYD brand passengers vehicles – an update posted on PSX
The Hub Power Company Limited has released important information to the Pakistan Stock Exchange today. It reads by Sections 96 and 131 of the Securities Act, 2015 and Rule 5.6.1.…
OMC margins proposed to increase by 17%:AKD Research
As per news reports, a summary has been moved by OGRA to raise OMC margins by PkR1.35/liter (up by 17%) from present levels of PkR7.87/liter. To note, historically OMC margins were…
A Research house expects a bounce back in HUBC from around these levels
85k crossed on the back of a strong performance from banks and EnP names 63 shares rose while 32 fell, with BAHL PA (+6.56%), HBL PA (+6.7%) and EFERT PA…