Petroleum group imports in November soared 21% YoY
to $1,358 million, despite major volumetric imports decline as per OCAC of high sulphur furnace oil (HSFO) of (-76% YoY
) and high-speed diesel (HSD) of (-35% YoY
Pak Suzuki Motor Company reported the worst decline in volumes, with Sept sales down by 5pc YoY
to 9,900 units.
Personal loans, which accounted for 38.3 per cent of total loans outstanding, stood strong at 12.1 per cent YoY
to KWD 11.0 billion in October 2013 (September 2013: 12.4 per cent YoY
Pakistan Petroleum (PPL) has reported profit after tax of Rs33.53 billion (EPS: Rs20.41) for 9-month period ended 31st March 2013 as compared to Rs32.3 billion (EPS: Rs19.64) for the corresponding period last year, registering an increase in profit by 4% YoY
. The result was in line with market expectations.
We expected the 3Q11 job count to stay flat QoQ, but it rose by 6% QoQ and 10% YoY
to 930, an all-time quarterly high.
The TBEA data show that the export average selling prices (ASP) in the first five months reached US$347.5, up 25.21% YoY
, with such increase to enhance revenues of major makers as Giant Manufacturing Co., Ltd., Merida Industry Co., Ltd., Ideal Bike Corp.
Robust earnings growth is expected to step from the bank's core income as higher interest rate impact on the bank's 64% ADR and controlled increase in cost of funds given no minimum deposit requirement for Shariah Deposits is likely to take the Net Spread earned growth to 54% YoY
. In addition, absence of loss from associate is also expected to support the bottom- line growth.
This took the 9MFY19 earnings to PKR 1,376mn (EPS: PKR 10.01), depicting a dip of 25% YoY
. The company's top-line in 3QFY19 clocked-in at PKR 5.5bn, up by 21% YoY
on the back of a 32% YoY
jump in total dispatches to 821k tons together with higher retention prices.
Among companies, PSO witnessed sharp decline of 34 percent YoY
in HSD/MS sales cumulatively to 411k tons followed by HASCOL 32 percent YoY
to 122k tons and SHEL 20 percent to 106k tons.
In the fourth quarter of FY18, earnings fell by 4 percent YoY
to Rs831 million and it recorded net sales of Rs4,345 million during the aforementioned period, down by 4 percent YoY
Despite improved sales up by 47pc YoY
, the decline in margins by 15ppts to -4pc against 1pc in 4QFY17 and increased financial charges by 46pc YoY
, led to decline in earnings for the company.