{"id":9645,"date":"2025-06-27T12:18:21","date_gmt":"2025-06-27T07:18:21","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=9645"},"modified":"2025-06-27T12:18:25","modified_gmt":"2025-06-27T07:18:25","slug":"trg-pakistans-turnaround-how-ai-global-clients-smart-moves-led-to-a-big-profit","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/trg-pakistans-turnaround-how-ai-global-clients-smart-moves-led-to-a-big-profit\/","title":{"rendered":"TRG Pakistan\u2019s turnaround: how AI, global clients & smart moves led to a big profit?"},"content":{"rendered":"\n

TRG Pakistan Limited (TRG) <\/a><\/strong>, a name familiar to many in the tech-investing circle, has made an impressive comeback this year.<\/p>\n\n\n\n

What does TRG Pakistan do?<\/h3>\n\n\n\n

TRG isn\u2019t a company that builds a product or sells a service directly. Instead, it manages investments<\/strong> in businesses, mainly in the outsourcing<\/strong> and tech space<\/strong>.<\/p>\n\n\n\n

It holds its key assets through a company called TRG International (TRGIL)<\/strong>, which in turn owns:<\/p>\n\n\n\n

    \n
  • 13% of Afiniti<\/strong>, a tech company using AI to improve customer service centers.<\/li>\n\n\n\n
  • 13% of IBEX<\/strong>, a global outsourcing firm that helps big companies manage customer support. IBEX is listed on the NASDAQ<\/strong> (a major stock exchange in the US).<\/li>\n<\/ul>\n\n\n\n

    What happened in 9MFY25?<\/h3>\n\n\n\n

    This 9-month period has been a big improvement for TRG compared to last year.<\/p>\n\n\n\n

    \ud83d\udfe2 The Good:<\/strong><\/h4>\n\n\n\n
      \n
    • IBEX is doing great<\/strong> \u2013 It earned $540 million in the most recent quarter, up 11% from last year<\/strong>, and its share price rose 75%<\/strong> in the last 12 months, crossing $30.<\/li>\n\n\n\n
    • Afiniti made a smart move<\/strong>; It cut its debt in half<\/strong> by turning some of it into shares. This makes the company healthier financially.<\/li>\n\n\n\n
    • TRG\u2019s share of profits<\/strong> from these companies came in at PKR 5.3 billion<\/strong>, a massive turnaround from a loss of PKR 19.4 billion<\/strong> last year.<\/li>\n\n\n\n
    • As a result, TRG recorded a net profit of PKR 4 billion<\/strong>. Just a year ago, they had a loss of PKR 16 billion<\/strong>. Big difference!<\/li>\n\n\n\n
    • Earnings per share (EPS)<\/strong> rose to PKR 7.36<\/strong>, up from a negative PKR 30.67.<\/li>\n<\/ul>\n\n\n\n

      \ud83d\udd34 The Challenges:<\/strong><\/h4>\n\n\n\n
        \n
      • TRG\u2019s own operations<\/strong> still saw some losses. It had PKR 454 million in operating losses<\/strong>, mostly from rising admin and other costs.<\/li>\n\n\n\n
      • But these losses don\u2019t reflect cash going out, they\u2019re more like paper losses tied to asset value changes.<\/li>\n<\/ul>\n\n\n\n

        What\u2019s next for TRG?<\/h3>\n\n\n\n

        TRG isn\u2019t stopping at call centers. It\u2019s investing heavily in Artificial Intelligence<\/strong>, including both:<\/p>\n\n\n\n

          \n
        • Predictive AI<\/strong>, to forecast outcomes, and<\/li>\n\n\n\n
        • Generative AI<\/strong>, like the tech behind tools such as ChatGPT.<\/li>\n<\/ul>\n\n\n\n

          These investments are being made through both Afiniti and IBEX. As the world moves further into automation and AI, this positions TRG at the front line of innovation.<\/p>\n\n\n\n

          Why it matters?<\/h3>\n\n\n\n
            \n
          • For investors<\/strong>: TRG\u2019s shift from a huge loss to a solid profit shows it\u2019s back on track.<\/li>\n\n\n\n
          • For the tech world<\/strong>: Their focus on AI is aligned with global trends.<\/li>\n\n\n\n
          • For Pakistan<\/strong>: TRG\u2019s success story highlights how local companies can compete, and even thrive, on a global stage.<\/li>\n<\/ul>\n\n\n\n

            TRG has had its fair share of ups and downs, but with strong international partnerships, improving financials, and a firm focus on AI-driven growth, it might just be one of the more exciting tech plays out of Pakistan right now.<\/p>\n","protected":false},"excerpt":{"rendered":"

            TRG Pakistan Limited (TRG) , a name familiar to many in the tech-investing circle, has made an impressive comeback this year.<\/p>\n","protected":false},"author":9252,"featured_media":7035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154,155],"tags":[321],"class_list":["post-9645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-fundamental-analysis","tag-trg"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/TRG-STOCK-PSX-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/TRG-STOCK-PSX-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/TRG-STOCK-PSX-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/TRG-STOCK-PSX.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/9645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/9252"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=9645"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/9645\/revisions"}],"predecessor-version":[{"id":9646,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/9645\/revisions\/9646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/7035"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=9645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=9645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=9645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}