External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Cross Asset Strategy

Karachi Stock Exchange Kse100 Index (KSE100 INDEX)

<ul><li>KSE 100 index companies posted record earnings (PAT) of Rs1.2trn up 16% YoY in FY23 vs last year FY22 growth of 23%.</li><li>FY23 profit growth was in line with last 10-Years average growth of 13% for KSE 100 index companies.</li><li>This growth in earnings is majorly contributed to by Banking sector (+68% YoY) and the E&amp;P sector (+69% YoY) in FY23. Excluding Banks and E&amp;Ps, KSE index companies profitability was down 32% YoY.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

KSE 100 index companies posted record earnings (PAT) of Rs1.2trn up 16% YoY in FY23 vs last year FY22 growth of 23%.FY23 profit growth was in line with last 10-Years average growth of 13% for KSE 100 index companies.This growth in earnings is majorly contributed to by Banking sector (+68% YoY) and the E&amp;P sector (+69% YoY) in FY23. Excluding Banks and E&amp;Ps, KSE index companies profitability was down 32% YoY.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Strategy: Corporate Profits Posted Decent Growth in Spite of Economic Slowdown