External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Cross Asset Strategy

<ul><li>KSE index companies recorded highest ever quarterly earnings (PAT) of Rs417bn up 52% YoY (+16% YoY in US$) in 1QFY24, which is higher than 10-years average growth of 13%.</li><li>Pre-tax earnings of KSE index companies also up 58% YoY to Rs729bn (+22% YoY in US$) in 1QFY24.</li><li>Economic recovery, easing of LC issues, slowdown in inflation, and stable currency were the prime reasons of significant jump in corporate profitability.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

KSE index companies recorded highest ever quarterly earnings (PAT) of Rs417bn up 52% YoY (+16% YoY in US$) in 1QFY24, which is higher than 10-years average growth of 13%.Pre-tax earnings of KSE index companies also up 58% YoY to Rs729bn (+22% YoY in US$) in 1QFY24.Economic recovery, easing of LC issues, slowdown in inflation, and stable currency were the prime reasons of significant jump in corporate profitability.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Strategy: Record Corporate Profitability in 1QFY24