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…
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…
HUBC dismissed media reports about ongoing negotiations between IPPs and the government.
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…
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…
Hubc will likely be negatively affected if the government enforces their PPA conversion of PPAs: Research House.
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…
Pakistan received 1st tranche of US$1.02bn, PSX market sentiment is poised for improvement
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…
HUBCO highe value still intact. Earning ~PKR95bn is expected over the next three years
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 posted a significant profit im FY24
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
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…