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) 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…
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…
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.…
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…
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…
§ 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…
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…
The Hub Power Company held its financial briefing today. The following are the key takeaways from today HUBC's annual general meeting (AGM). Brief takeaways The Board informed that the company…
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…
Recently, news has been circulating regarding the termination of IPPs under the 1994 and 2002 Power Policy. The government has reportedly planned to shift old power plants from the current…
The market remained volatile throughout the week, with the benchmark KSE100 index losing 782pts or 0.95%WoW, closing at 81,292pts on Friday. However, anticipation of the IMF’s board approval, scheduled for…
AHCML Research has reviewed HUBCO's performance and future efforts to increase revenue. Analysts believe that HUBCO's higher value is still intact. Earnings ~ of PKR95 bn are expected over the next…
Nishat Chunian Limited (NCL) announced its FY24 results today, where the company posted an unconsolidated NPAT of PkR692mn (EPS: PkR2.9), compared to a loss of PkR999mn (LPS: PkR4.2) in the…
Pak Elektron (PAEL) plans to export its power division products to the USA. The company's current exports stand at US$5mn, and the target is to increase exports multiple times from…
The book-building process of BF Biosciences’ Initial Public Offer (IPO) has concluded with an oversubscription of 3.40 times, the company said on Thursday. The IPO received an overwhelming response from institutional…
The KSE-100 index experienced a bullish week, driven by anticipation of USD 7bn approval from the IMF Executive Board, for which a meeting is scheduled for Sep’25. Moreover, the 50bps…
The market experienced initial pressure due to selling by investors, but several positive economic developments emerged throughout the week. The State Bank of Pakistan (SBP) continued its monetary policy easing…
Pakistan Refinery Ltd (PRL) held its FY23 analyst briefing earlier today to update investors on the company’s financial performance and future outlook: The company posted earnings of PkR1.82bn (EPS: PkR2.90)…
BF Biosciences Limited looks to raise 1.38 bn to 1.93 bn by issuing 28.3% new shares through an Initial Public Offering (IPO) on September 25-26. Speaking at the pre-IPO investor's roadshow…
The market commenced negatively, given the investors resorted to profit-taking. The momentum shifted towards the green zone post the announcement of single-digit inflation of 9.6% (34-month low), renewing expectations of…
The KSE-100 index showcased mixed momentum during Aug’24, clinging on to the expectation of approval of IMF’s EFF program and disbursement of loans. At the start of the month, Pakistan…
Pakistan State Oil (PSO), the leading energy company, in collaboration with the Government of Gilgit-Baltistan, proudly announces the launch of the "Blue LPG Initiative," a pioneering project aimed at transforming…
Oil and Gas Development Company (OGDC), the operator of the Sinjhoro Block in Sindh, has discovered Baloch-2 in the Sembar Formation. Baloch-1 was found in 2009 but was fully depleted…
Lucky Core Industries Limited's management held an analyst briefing session today. During the session, LCI’s management discussed FY24 results and offered valuable insights into the company’s forthcoming strategy. Here are the…
