External broker reports(aggregated public sources), Topline Securities

Topline Securities

External broker reports(aggregated public sources)

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Sui Northern Gas Pipelines Limited / Equity Bottom-Up

Sui Northern Gas Pipelines Limited (SNGP PA)

<ul><li>Sui Northern Gas Pipeline Limited (SNGPL) reported a significant increase in EPS of Rs13.01, up 280% YoY and 123% QoQ, due to a higher rate of return allowed for the full year FY24.</li><li>The Oil and Gas Regulatory Authority (OGRA) allowed a higher return for SNGP in FY24 to compensate for the disparity in returns compared to SSGC in FY23.</li><li>SNGP declared a dividend of Rs7.5/share for FY24, and the company is trading at FY25 and 26F PE of 4.6x and 5.2x, respectively.</li></ul>

Sui Northern Gas Pipeline Limited (SNGPL) reported a significant increase in EPS of Rs13.01, up 280% YoY and 123% QoQ, due to a higher rate of return allowed for the full year FY24.The Oil and Gas Regulatory Authority (OGRA) allowed a higher return for SNGP in FY24 to compensate for the disparity in returns compared to SSGC in FY23.SNGP declared a dividend of Rs7.5/share for FY24, and the company is trading at FY25 and 26F PE of 4.6x and 5.2x, respectively.

Sui Northern Gas Pipeline (SNGPL): 4QFY24 EPS at Rs13.01 - Earnings Higher than Expectations

Pakistan

SNGPL is the largest integrated gas company serving more than 7.22 million consumers in North Central Pakistan through an extensive network in Punjab, Khyber Pakhtunkhwa and Azad Jammu & Kashmir.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Sui Northern Gas Pipeline (SNGPL): 4QFY24 EPS at Rs13.01 - Earnings Higher than Expectations

Sui Northern Gas Pipeline Limited (SNGPL) reported a significant increase in EPS of Rs13.01, up 280% YoY and 123% QoQ, due to a higher rate of...

Topline Securities