Cement: 2Q Preview & Outlook January 26, 2021 We expect our cement sample to post 2x jump in quarterly earnings on a sequential basis. We base our forecast on double-digit growth in…
Insight — Pharmaceutical Sector Update January 26, 2021 Vaccines, Trials and Promising Results Pakistan has had 535,914 reported cases of coronavirus to date of which 490,126 recovered. Even though the recovery rate…
Trade deficit increased by 50% MoM in December January 26, 2021 As seen recently, SBP’s latest data revealed that the trade deficit deteriorated sharply during Dec-2020 to US$2,768mn, which is a 50% MoM/64% YoY increase…
PVC-Ethylene margin rose by 6% WoW to record US$800/ton January 26, 2021 The increase came on the back of a 9% decline in the Ethylene prices, currently at US$900/ton whereas spot prices were under pressure due…
Pakistan’s overall urea sales grow 5pc to 2.87 million tons July 26, 2019 KARACHI: Urea sales grew five percent year-on-year to 2.87 million tons in the last six months as buyers rushed to pile up stocks ahead…
OGDC makes oil and gas discovery in Sindh July 24, 2019 KARACHI, PAKISTAN: Oil & Gas Development Company Limited (OGDCL), operator of Bitrism Block has announced oil and gas discovery from its exploratory well Pandhi…
Pak Suzuki posts loss in 2Q 2019 July 24, 2019 KARACHI: Pak Suzuki Motor Company (PSMC) announced its 2QCY19 ended June 30, 2019 financial results wherein the company booked net loss of Rs545 million translating…
Habib bank posts 78% decline in profits July 24, 2019 KARACHI: Habib Bank Limited (HBL) unveiled its 2QCY19 ended June 30, 2019 consolidated net earnings at Rs750 million translating into earning per share (EPS)…
Abraaj Group’s K-Electric seeks 150 mmcfd RLNG for its power plants July 23, 2019 KARACHI: Abraaj Group’s K-Electric Limited (KE) is considering the procurement of 150 mmcfd of re-gasified liquefied natural gas (RLNG), in the initial phase, to…