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Karachi: The 61st Pakistan Flower Show 2012 was inaugurated by Justice Aqeel Ahmed Abbasi, Justice High Court of Sindh in an impressive and colourful ceremony held at DHA Seaview Public Park on Thursday evening. Horticultural Society of Pakistan (HSP) had arranged the Annual Flower Show in collaboration with DHA and …
Read More »Daily Archives: February 23, 2012
Morning Briefing for Feb 23, 2012 – Standard Capital
Karachi: Indus Motor enhanced 1HFY12 profitability – HOLD Indus Motors (INDU) rides on better sales i.e. 6% increase in sales from last year. The number of units sold till December 31, 2011 was 24,341 units as against 22,903 units in December 31, 2010. INDU’s combined sales revenue for CKD, CBU …
Read More »AKD Quotidian about — HMB: CY11 Result Preview
Karachi: Habib Metropolitan Bank Ltd (HMB) is scheduled to announce its full- year CY11 result on Monday, Feb 27’12. On a consolidated basis, AKD Securities expects HMB to post NPAT of PkR3.17bn (EPS: PkR3.03) in CY11 against NPAT of PkR2.80bn (EPS: PkR2.68) in CY10, translating into growth of 13%YoY. According …
Read More »PTCL 1HFY12 results – a brief review – Alfalah Securities Limited
Karachi: PTCL announced its Half Year FY12 results on 22nd Feb, 2012 reporting profit after tax of PKR 2.86 billion (EPS: PKR 0.56) declining by 28.9% YoY. According to Alfalah Securities Limited, the results were inline with Alfalah Securities Limited’s expectations of PKR 0.53 EPS. The revenues witnessed an increase …
Read More »PTA likely to delay auction of 3G licences – Alfalah Securities Limited
Karachi: Pakistan Telecommunication Authority (PTA) is expected to delay the auction of 3G licenses which was due on March 29 after obtaining input of a consultant to offer services for the auction of these licences. According to Alfalah Securities Limited, the decision regarding the increase in the base price of …
Read More »Agriculture credit disbursement rises by 20% – Alfalah Securities Limited
Karachi: Agricultural credit disbursement has increased by 20%YoY to PKR 149.66 billion in the 7MFY12 (Jul-Jan). According to Alfalah Securities Limited, overall credit disbursement by five major commercial banks including ABL, HBL, MCB Bank, NBP and UBL stood at PKR 82.46 billion as compared to PKR 68.481 billion disbursement during …
Read More »Govt. optimistic on growth for FY12; GDP projected at 3.6% – Alfalah Securities Limited
Karachi: Finance Advisor Dr Abdul Hafeez Sheikh informed Prime Minister Gilani that projected GDP growth for FY12 is 3.6% which is than the target as the damage to the crops in Sindh by the floods was lower than the estimates. According to Alfalah Securities Limited, the inflation is likely to …
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