External broker reports(aggregated public sources), Topline Securities

Topline Securities

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Cross Asset Strategy

<ul><li>Profits of key companies listed at PSX have remained fabulous despite the economic issues faced by Pakistan.</li><li>In calendar year 2023, 83 companies (88% of market capitalization) of KSE 100 index posted after tax profit of Rs1.66trn showing an amazing growth of 45% over 2022.</li><li>In USD terms 2023, the profits of these companies were US$5.94bn up 6.3%.</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>

Profits of key companies listed at PSX have remained fabulous despite the economic issues faced by Pakistan.In calendar year 2023, 83 companies (88% of market capitalization) of KSE 100 index posted after tax profit of Rs1.66trn showing an amazing growth of 45% over 2022.In USD terms 2023, the profits of these companies were US$5.94bn up 6.3%.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 - Record Corporate Profitability in 2023