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Karachi, May 31, 2013 (PPI-OT): The listed cement sector posted combined NPAT of PkR27.6bn in 9MFYI3 vs. combined NPAT of PkR9.26bn in the same period last year, translating into a stellar 3x increase. According to AKD Securities this robust growth was mainly driven by 13%YoY improvement in average retail prices …
Read More »Daily Archives: May 31, 2013
Morning Call about – Elections and wheat harvesting dragging demand by 10% MoM – Arif Habib Limited
Karachi, May 31, 2013 (PPI-OT): Cement dispatches slide by 10% MoM in May-13 As per the provisional numbers (29 Days) available with us, cement dispatches for May-13 appear to suffer a 10% MoM decline to 2.8mn tons. According to Arif Habib Limited the drag mainly came from a massive 14% …
Read More »Warid Telecom updates its ‘Advance Balance’ service
Lahore, May 31, 2013 (PPI-OT): Warid Telecom, leading innovator in Pakistan’s telecom industry, has updated its “Warid Advance Balance” service making it more convenient for its customers. Warid customers only need to subscribe to the Warid Advance Balance service and never run-out of balance. Now instead of sending the request …
Read More »All Pakistan Paper Merchants Association says economic vision of Prime Minister in-waiting Mian Muhammad Nawaz Sharif would help bring economy back on its feet
Lahore, May 31, 2013 (PPI-OT): All Pakistan Paper Merchants Association (APPMA) has said that economic vision of Prime Minister in-waiting Mian Muhammad Nawaz Sharif would help bring economy back on its feet as his austerity plan is the need of hour. In a statement issued here Friday, leader of APPMA …
Read More »Karachi Port Trust provides safe haven to Weather beaten detained ships
Karachi, May 31, 2013 (PPI-OT): The rental power ships KARKEY KAYABAY, initially stationed at the outer anchorage of Port Qasim under NAB caution, and NEW HORIZON, stationed outside the outer anchorage area of Karachi Port due to court cases, were provided safe berthing within the port area of KPT. The …
Read More »Pakistan’s Juniper Forest makes it to the Global Network of Biosphere Reserves
Karachi, May 31, 2013 (PPI-OT): Ziarat’s Juniper Forest has been added to the World Network of Biosphere Reserves. The International Coordinating Council of UNESCO’s Man and the Biosphere Programme (MAB), which met in Paris this week, has added 12 sites to the World Network of Biosphere Reserves, bringing the number …
Read More »New five year business plan being developed by Small and Medium Enterprises Development Authority will create 0.27 million new enterprises within next five years
Lahore, May 31, 2013 (PPI-OT): The new five year business plan being developed by the Small and Medium Enterprises Development Authority (SMEDA) for sustainable development of the country will create 0.27 million new enterprises within next five years. It was disclosed SMEDA CEO Sardar Ahmad Nawaz Sukhera while giving a …
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