Karachi, July 29, 2019: During 4QFY19, profitability clocked-in at Ra 2.196 billion (EPS: PKR 6.79), down by 8 percent YoY / 21 percent QoQ. In addition, the company announced a dividend of Rs 6.5 per share (Rs 13.00/share in FY18). According to Arif Habib Research Company’s topline witnessed a dip of 12 percent YoY to…
Karachi, July 29, 2019: After the termination the dealership of Toyota Gujranwala Motors (TGUJM) on 13 May 2019. Toyota motors release a public notice in which they mention that “17 vehicles received by Toyota Gujranwala Motors for onward delivery to our customers, have been stolen along with their sales certificates and sale invoices including other…
Karachi, July 28, 2019: Peshawar Zalmi aims to make PSL 5 memorable in Pakistan, Zalmi will conduct promotional campaigns throughout the country with International Stars. Peshawar Zalmi Chairman Javed Afridi said “Zalmi will conduct promotional events before and during PSL 5 to create hype around it. PSL 5 is a moment of joy for the…
Karachi, July 27, 2019: During the outgoing week, the benchmark index lost 356 points down by 1.1 percent WoW to close at 32,103 points. The index started on a positive trajectory during this trading week as first 2 sessions cumulatively added 257 points to the index. Recovery in the first half of the week was…
Karachi, July 27, 2019: The domestic equity bourse remained lackluster throughout the outgoing week. While PM Khan’s successful visit to the US could not generate a sustainable rally at the index, foreign policy appears to be in-check. Albeit, AHL research pin commencement of the result season as the key reason behind the aforementioned index performance,…