AKD Quotidian about — FFBL: 1QCY14 Result Preview

Karachi, April 21, 2014 (PPI-OT): Fauji Fertilizer Bin Qasim is set to announce its 1QCY14 result on Apr 2214. The company is expected to record Net Loss after Tax (NLAT) of PkR197mn, translating into LPS of PkR0.21 as against NPAT of PkR492mn (EPS of PkR0.53) posted during the same period last year. The loss is …

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AKD Quotidian about — Pakistan Economy: CA remains in control

Karachi, April 18, 2014 (PPI-OT): The CA deficit for Mar’14 has clocked in at US$156mn vs. a revised surplus of US$167mn in Feb’14. As a result, the 9MFY14 CA deficit has been recorded at US$2,173mn (1.2% of GDP) compared to a deficit of US$1,255mn (0.7%of GDP) in the same period last year. This substantial rise …

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AKD Quotidian about — Banks: 1QCY14 Result Previews

Karachi, April 09, 2014 (PPI-OT): The listed banking sector has gained 12.4%CYTD with valuation rerating in the ongoing macro uptick dovetailing with impetus to earnings following the recent shift into PIBs. According to AKD Securities, some of these positives should manifest in upcoming 1QCY14 results where AKD Securities expects earnings growth to be led by …

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