PakStox Outlook

AGTL | Al-Ghazi Tractors Limited launches a new 85 HP Tractor. link PSO imported 105 LNG vessels, totalling 6,369 thousand tons, a 6.9% increase from the previous year, See Annual Report 2024.  "PSO is joining forces with Frontier Works Organization (FWO) and Inter State Gas Systems (ISGS) to launch the White Oil Pipeline initiative." established establishment. FEROZ | Ferozsons Laboratories Limited has partnered with Gilead Sciences to manufacture and sell generic lenacapavir in developing countries. This will help increase access to this HIV medication in regions with limited resources. Link TPL | TPL Corp Limited announced a loss of Rs 1.39 billion (loss per share of Rs 5.23, last year Rs -3.23) for the year ending June 2024. Operating income was just Rs 144 million and financial charges were over Rs 1.48 billion. See P&L. TRG has issued its annual report. This is what Directors' Report states about the loss. " The most significant item on our balance sheet...

KAPCO: Kot Addu Power Co Ltd 3rd Quarter - Mar 2024 In the third quarter of the current financial year, the earnings per share (EPS) for KAPCO stood at Rs. 1.3, with a cumulative EPS of Rs. 4.07 for the nine-month period. Comparatively, in the same quarter last year, the EPS was Rs. 0.78, and for the nine-month period, it was Rs. 4.4. This quarter did not see any dividend distribution , as KAPCO had already disbursed Rs. 4.5 per share as an interim dividend in the second quarter of this financial year. The electricity sector in Pakistan is undergoing significant changes. The true value of KAPCO will only become apparent in this evolving landscape and how it adapts to it. KAPCO's primary source of income is interest earned on PIB/Sukuk. Its financial charges remain substantial, accounting for over 35% of earnings before interest and taxes for the third quarter, although they are showing a declining trend. The tax rate stands close to 30% for the nine-month period of this year. KAPC...