Pakistan Tobacco Company – a review report
Pakistan Tobacco Company Ltd (PAKT), a subsidiary of British American Tobacco, holds a 36% market share. With illicit cigarettes accounting for 55% of the market, ongoing enforcement measures could enable…
APL posted 2QFY26 NPAT of PKR2.6bn
Attock Petroleum Limited (APL) posted 2QFY26 NPAT of PKR2.6bn (EPS: PKR20.97), down 32% QoQ and 5% YoY, above our expected EPS of PKR17.25, with the positive variance primarily driven by…
POL posted 2QFY26 NPAT of PKR6.3b
Pakistan Oilfields Ltd. (POL) posted 2QFY26 NPAT of PKR6.3bn (EPS: PKR22.16), down 17% YoY but up 16% QoQ, higher than our estimated EPS of PKR19.06. The deviation mainly stems from…
HUBC 2QFY26 Result Review: Healthy payout continues as payout from TEL initiates
Hub Power Company Ltd (HUBC) announced its 2QFY26 results earlier today, reporting consolidated NPAT of PkR10.6bn (EPS: PkR8.19), up by 152% YoY — below expectations due to a lower-than-anticipated share…
Pakistan Fertilisers sector profits are likely to up 52% QoQ in 4Q2025
We anticipate that earnings in the Topline Fertiliser sector will increase by 52% quarter-over-quarter (QoQ) and 44% year-over-year (YoY) in the fourth quarter of 2025 (4Q2025), primarily driven by unprecedented…
Nov’ 25 LSM Grows 10.37% YoY on higher automobile production amid enhanced demand
· Large Scale Manufacturing Industries (LSMI) sustained its positive momentum in Nov’25, demonstrating robust growth of 10.37%YoY while maintaining steady progress of 0.16%MoM. The provisional Quantum Index of Manufacturing (QIM) for…
Pakistan’s petroleum sales rose 6% YoY to 1.35 million tons in Dec’25
Pakistan’s petroleum sales rose 6% YoY to 1.35 million tons in Dec’25. On a full-year basis, CY25 volumes increased 5% YoY to 16.45 million tons, up from 15.62 million tons…
UAE’s strategic investment in Fauji Foundation Group
This landmark deal represents a major strategic and financial shift for Pakistan. By converting a USD1.0bn UAE deposit into equity stakes within the Fauji Foundation Group, a diversified conglomerate with…
Gold and the stock market posted excellent gains in Pakistan in 2025
In 2025, Pakistan saw gold and stocks outperform other asset classes, with both delivering impressive gains. Gold achieved a remarkable 73% return from January 1 to December 24, 2025, rising…
The PSX is positioned for strong performance in CY26
The PSX is positioned for strong performance in CY26, driven by multiple tailwinds: a rotation from fixed income to equities, continued IMF support, greater political stability, an improved international image,…
A review of Pakistan power sector
Recent developments are sparking renewed interest in KAPCO, NPL, and NCPL, which have long been overlooked despite attractive valuations, robust cash positions, debt-free balance sheets, and appealing dividend yields. While…
A Glimpse into mutual fund equity exposure
PSO ranked as the leading stock among the top 30 mutual fund holdings in Nov’25, with mutual funds collectively holding 47.2% of its free float. Alongside PSO, other major names…
Systems remains in hyper-growth mode: analyst briefing
Systems Limited (SYS) management held an analyst briefing to discuss 9MCY25 results and the company’s outlook, according to a report released by AHL Research. In 9MCY25, the company posted a…
Dolmen City REIT reported revenue of PkR5.9bn in FY25
Dolmen City REIT Ltd. (DCR) recently held a corporate briefing to discuss its FY25 financial results and future outlook. The following are key highlights from a report by AKD Research.…
SEARL’s earnings for the year clocked in at PkR434mn (EPS: PkR0.74) in FY25
The Searle Company Ltd. (SEARL) held its corporate briefing today to discuss its FY25 and 1QFY26 financial results and future outlook. According to AKD Research, the following are the key…
Unity Foods reported NPAT of PkR1.6bn (EPS: PkR1.37) during FY25
Unity Foods Ltd (UNITY) held its analyst briefing today to brief investors about FY25 financial results and shed light on the future outlook, according to AKD Research: · To recall, company…
Quice Foods saw strong performance of key brands in FY2025
Quice Foods Ltd. (Quice) held its analyst briefing today to discuss the company's FY25 financial results and future outlook. According to AKD Research, the following are key points: · To recall, company…
AgriTech reports is urea offtakes increased by 33%YoY to 259k tons in 9MCY25
AgriTech Ltd (AGL) held its analyst briefing earlier today to discuss 9MCY25 financial results and future outlook. According to a report from AKD Research, the key takeaways are as follows:…
In FY25, GHGL posted topline of PkR45.8bn vs PkR47.8bn in SPLY
Ghani Glass Ltd. (GHGL) & Ghani Value Glass Ltd. (GVGL) held their analyst briefing today to discuss FY25 results and the company's future outlook. According to AKD Research, the following…
Sapphire Textile Mills recorded revenue of PkR93.3bn in FY25,
Sapphire Textile Mills Limited (SAPT) held an analyst briefing today to discuss FY25 financial results and provide insight into the outlook. According to AKD Research, the key takeaways from the…
Local Mmanufacturing/assembly of mobile phones down 23% MoM in Oct-25
As per the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile phone companies manufactured/assembled 2.33 million units during Oct 2025, down 34% YoY from 3.53 million units…
NCPL operates a 195.7MW RFO-fired thermal power plant located in Punjab
Nishat Chunian Power Ltd (NCPL) held its analyst briefing earlier today to brief investors about FY25 financial results and future outlook as reported by AKD Research: · NCPL operates a 195.7MW…
BFAGRO reported PAT of PkR741.7mn (EPS: PkR2.39) during FY25
Barkat Frisian Angro Limited (BFAGRO) held its analyst briefing today, where the company discussed its FY25 results and future outlook. According to a report from AKD Research, the following are…
GCWL is commissioning a 25k TPA Calcium Carbide plant
Ghani Chemworld Ltd. (GCWL) held its analyst briefing today to apprise investors of progress toward the commencement of operations and the future outlook. Key highlights, as reported by AKD Research,…
Matco Foods posted earnings of PkR414mn (EPS: PkR3.4) in FY25
Matco Foods Ltd. (MFL) held its corporate briefing today to discuss its FY25 financial results and future outlook. The following are the key highlights as reported by AKD Research: ·…