July 4, 2015 Pakistan: Fine imposed by Ogra is unjustified While the incumbent government headed by Mian Nawaz Sharif is never tired of making tall claims, unaccomplished targets and supremacy of merit and laws,…
May 14, 2015 Pakistan: K-Electric to issue Rs22 billion Sukuk Pakistan largest and only vertically integrated utility K-Electric (formerly KESC) held a briefing on Wednesday regarding its upcoming issue of Rs22 billion Sukuk. The…
May 5, 2015 KSE April performance and outlook After a dismal performance during February and March where the benchmark index cumulatively lost 12.2% of its market capitalization (US$10.2 billion), sentiments normalized during…
May 1, 2015 Engro Corp posts robust financial result Engro Corporation has announced its Jan-March 2015 quarter (1QCY15) financial results posting profit after tax of Rs63 billion (EPS: Rs6.94) as compared to net…
April 23, 2015 KAPCO posts 37 percent increase in 9MFY15 profit KAPCO has released its 3QFY15 results posting profit after tax of Rs2.29 billion (EPS: Rs2.6/share) remaining mute at -3%YoY clip. The 37% fall in…
April 18, 2015 SBP Review of the performance of banks The Quarterly Performance Review of the Banking System for the quarter ended 31st December, 2014 released by State bank of Pakistan (SBP) has highlighted…
April 13, 2015 HBL share sale to yield US$1.02 billion The Government of Pakistan (GoP) will mobilize over US$ one billion from of its stake of 609 million share in Habib Bank Ltd (HBL)….
April 8, 2015 MOL discovers hydrocarbons in TAL Block MOL Pakistan, the operator of TAL Block, has hit significant hydrocarbon reserves at exploratory well Mardankhel-I during the second drill stem test (DST). Pakistan…
March 12, 2015 Pakistan: Using LNG for power generation a big blunder The other day a write up was posted covering salient features of the decision of Government of Pakistan (GoP) regarding use of LNG for…
March 3, 2015 PSO half yearly profit plunges by 73 percent Pakistan State Oil Company (PSO), problem ridden largest oil marketing company of the country has announced its half yearly financial results posting 73 percent…