Dear Clients, KSE 100 exchange witnessed +$150m value traded today & closed 100 points negative. Notable positive interest was witnessed in Lucky Cement (2%), HBL Bank (3%), Mughal Steel (3%) & Abbot Pharmaceutical (3%). Among the negatives, Unity, TRG, Avanceon & Nishat Mills witnessed negativity. FATF’s comments on Pakistan’s 24/27 largely compliant progress still could… Continue reading KASB Pakistan Market Review
Tag: 2021
Pakistan Petroleum Limited (PPL)
2QFY21 Result: EPS at PkR4.3/sh – in-line with estimates
Lotte Chemical Pakistan Limited (LOTCHEM)
Dear Clients, – Lotte Chemical Pakistan Limited (LOTCHEM) announced 4Q2020 results reporting profitability at PkR1.1bn (EPS of PkR0.72/sh), up by 45% YoY, overshooting street consensus. This takes CY2020 earnings to PkR2.1bn as compared to PkR5.4bn reported in CY2019. – Along with the result, the company announced a cash dividend of PkR0.75/sh. – The company posted… Continue reading Lotte Chemical Pakistan Limited (LOTCHEM)
The Hub Power Company (HUBC)
Earnings grow 47% Y/Y as investments contribute
Indus Motors Company Limited (INDU)
2QFY21 earnings undershoot our estimates with EPS at PkR37.6/sh
Nishat Mills Limited (NML)
NML 1HFY21 Result Review
Nishat Chunian Limited (NCL)
NCL 1HFY21 Result Review
Pioneer Cement (PIOC)
Improving dynamics supporting PIOC’s bottom-line
Maple leaf Cement (MLCF)
MLCF 1HFY21 Result Review
United Bank Limited (UBL)
UBL CY20 Result Review
