Pakistan Market Outlook | Strategy - Index to Reach 87k by Dec 2024, 106k by Jun 2025
We have revisited our target PE for Dec 2024 after incorporating Pakistan's successful completion of US$3bn stand-by agreement with IMF and...
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Local Cement Dispatches Likely to Be Down 36% MoM in Apr-2024
Pakistan local cement dispatches are likely to be down by 36% MoM to clock in at 2.13mn tons in Apr-2024. Dispatches are also anticipated...
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DG Khan Cement (DGKC): 3QFY24 EPS at Rs2.69, up 200% QoQ (result higher than industry expectations)
D.G. Khan Cement (DGKC) announced 3QFY24 unconsolidated earnings of Rs1.2bn (EPS of Rs2.69), which is flat YoY but up by 200% QoQ. The...
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Pakistan Cement: Sector Reported Record Quarterly Profit in 2QFY24
Pakistan's listed cement sector reported record earnings of Rs22.4bn, up 8% YoY in 2QFY24. This earnings growth is primarily due to higher gross...
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Pakistan Cement: Local Cement Dispatches to Fall 7-11% MoM in Feb-2024
Pakistan local cement dispatches are likely to decline by 7-11% MoM and 22-26% YoY to clock in at around 2.7-2.8mn tons in Feb-2024. MoM decline...
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