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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Pakistan Strategy - ECC approved gas price hike; Implications on Economy & Sectors/Companies
In a much-awaited development, the Economic Coordination Committee (ECC) of the cabinet approved a weighted average gas price hike of 70-75% for...
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International Steels (ISL): 3QFY25 EPS at Rs0.96, down by 41% YoY (Earnings lower than expectations)
ISL announced its 3QFY25 result with earnings of Rs417mn (EPS of Rs0.96), down by 41% YoY while up by 18% QoQ. The result fell below expectations...
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International Steels (ISL): 2QFY25 EPS at Rs0.82, down by 71% YoY (Earnings below expectations)
ISL announced its 2QFY25 result today, where the company recorded earnings of Rs355mn (EPS of Rs0.82), down by 71% YoY and up by 98% QoQ. The...
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International Steels (ISL): 1QFY25 EPS at Rs0.41, down by 84% YoY (Earnings below expectations)
ISL announced its 1QFY25 result today, where the company recorded earnings of Rs179mn (EPS of Rs0.41), down by 84% YoY. The result came below...
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