Karachi, April 27, 2023 (PPI-OT): Commercial Banks – Allied Bank LimitedEarnings: Allied Bank Limited (ABL) announced its financial result for the first quarter of the year 2023. As per the financial result, the Bank reported earnings of PKR 7.6bn (PKR…

Karachi, April 27, 2023 (PPI-OT): Oil and Gas Marketing Companies – Profitability to Plummet during 3QFY23 Amid Lower Inventory Gains and VolumesIGI OMC universe earnings is expected to slightly drop by 81%y/y in 3QFY23 to PKR 7.2bn compared to PKR 37….

Karachi, April 27, 2023 (PPI-OT): Power Generation and Distribution Companies – Sector Earnings to jump up by +22%y/y during 3QFY23 led by higher profit from HUBCIGI IPP universe earnings is expected to incline by +22%y/y in 3QFY23 to PKR 12.2bn compar…

Karachi, April 27, 2023 (PPI-OT): Commercial Banks – MCB Bank LimitedEarnings: MCB Bank Limited (MCB) announced its financial result for the first quarter of the year 2023. As per the financial result, the Bank reported earnings of PKR 13.1bn (PKR 11/s…

Karachi, April 27, 2023 (PPI-OT): FATIMA – 1QCY23 Result ReviewFatima Fertilizer Company Limited (FATIMA) announced its 1QCY23 result today, where the company posted NPAT of PkR4.3bn (EPS: PkR2.06), remaining flat on a QoQ basis while decreasing by 24%…

Karachi, April 27, 2023 (PPI-OT): KSE-100: Closes below 200-SMAThe index opened on a positive note and remained volatile throughout the last trading session. The local bourse posted an intraday high of 357pts and concluded with a gain of 92pts to settl…