Profitability Likely to Increase by 13% QoQ in 4QFY24; Net Revenue to Increase by 10% YoY in 4QFY24
Topline Cement Universe is expected to post profitability of Rs12.5bn in 4QFY24 against profit of Rs11.1bn in 3QFY24, up by 13% QoQ, due to...
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Pakistan Technology - FY24 IT Exports up by 24% YoY to US$3.2bn; Exports in Jun-24 up by 33% YoY
Pakistan recorded monthly IT exports of US$298mn, up by 33% YoY while declining by 10% MoM in Jun-2024. These monthly IT exports in Jun-2024 are...
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Pakistan Economy: Pakistan Reported Current Account Deficit of 0.2% of GDP in FY24
Pakistan posted Current Account Deficit (CAD) of US$0.7bn in FY24 (0.2% of GDP), lowest in 13 years. While average for last 5 and 10 years...
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Pakistan Clinches a New Deal with IMF; Tax Reforms to Increase Tax to GDP by 300bps
In a most anticipated event, Pakistan authorities have reached Staff Level Agreement (SLA) with International Monetary Fund (IMF) for a new 37...
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Car Sales Touched 18 Months High at 13.3k Units (As Reported by PAMA) In Jun-2024
Pakistan car sales (as reported by PAMA) touched 18 months high, recording sales of 13.3k units in Jun-2024, up 21% MoM and 120% YoY. In...
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