ICL – a look at its future outlook
Ittehad Chemicals Limited (ICL) reported net sales of approximately PKR 17.9 billion for the first nine months of FY24, reflecting a 3% decrease compared to...
Federal Budget FY25: Impact on the auto sector
The Federal Budget FY25 has introduced significant changes for the auto sector, particularly for hybrid electric vehicles (HEVs) and luxury electric vehicles (EVs).
Textile exports in Pakistan show significant growth
Exports increased by 18% year-on-year (YoY) to approximately USD 1.56 billion. On a month-over-month (MoM) basis, exports rose by 26%
HUBC expands into the electric vehicle business with BYD Auto in Pakistan
The Hub Power Company Limited (HUBC) and Mega Motor Company joined BYD Auto for an electric vehicle venture in Pakistan.
Impact of Budget FY25 on each sector
A 10% super tax on banking companies for the tax year 2023 and subsequent years.
Pakistan Gov’t sets optimistic targets for the Budget 2024-25
The Finance Minister has presented the much-awaited federal budget for the fiscal year 2024-25. This budget is crucial for securing the new IMF program and...
SBP starts monetary easing on receding inflationary pressures
State Bank of Pakistan (SBP) has started the monetary easing cycle with its first rate cut in almost four years. The Monetary Policy Committee (MPC)...
Mughal Iron & Steel Industries on track to eclipse competitors
Foundation Research has just released an update on its coverage of Mughal Iron & Steel Industries Limited (MUGHAL) stock