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…
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…
As per the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile companies have manufactured/assembled 1.61mn units, down 20% YoY & 62% MoM in Jul-2024. The decline in…
Systems Limited (SYS) announced its 2QCY24 financial results today. The company posted a Profit after Tax (PAT) of PkR1.7bn (EPS: PkR5.7) vs PkR1.2bn (EPS: PkR4.9) in SPLY, up 18% YoY.…
According to a report from AHL Research, Pakistan State Oil Company Ltd (PSO) is scheduled to announce its FY24 financial result on 27 August ’24. We expect the company to…
Topline Securities hosted Pakistan Pharma Invest 2024, the third session of which was Lucky Core Industries (LCI) Limited. Mr. Atif Aboobukar, LCI's CFO, spoke at the session. Regarding the pharmaceutical…
Crescent Steel and Allied Products Limited (CSAP), established in 1987, primarily produces coated steel line pipes and cotton yarn. The company’s cotton spinning division has an installed capacity of 19,680…
Topline Securities recently hosted Pakistan Pharma Invest 2024, where Citi Pharma Limited (CPHL), led by key speaker Mr Rizwan Ahmed, CEO of the Company, presented the details of the operation…
Engro Corporation Limited (ENGRO) announced its 1HCY24 financial result with a consolidated profit after tax of PKR 6,261mn (EPS: PKR 11.67), a 42% decline YoY. On a quarterly basis, the…
Topline Securities hosted Pakistan Pharma Invest 2024. The first session was of Searle Pakistan (SEARL) Limited, and the speakers were Mr. Mobeen Alam, Group CFO of SEARL, along with his…
