Tag Archives: AKD Quotidian

Karachi, November 05, 2013 (PPI-OT): Buoyed by the Oil and Gas and Fertilizer sectors, AKD Securities sample of 40 top- tier companies posted combined profits of PkR111.4bn (+33%YoY/+36%QoQ) in 1QFY14, making this the best ever quarter for corporate profitability in Pakistan! However, there are caveats – ex Oil and Gas universe earnings growth slows down ...

Karachi, November 04, 2013 (PPI-OT): Headline CPI has accelerated to 9.1%YoY in Oct’13, a 14-month high, bringing 4MFY14 CPI to average 8.3%YoY. According to AKD Securities although real interest rates are still positive, the DR-inflation gap continues to contract. In this regard, Oct’13 Core CPI (trimmed mean) has increased to 9.0%YoY vs. 7.6%YoY in Sep’13. ...

Karachi, October 31, 2013 (PPI-OT): Led by irregular interest income of PkR8.2bn from the power sector, PSO posted robust earnings growth of 83%YoY in 1QFY14 (NPAT: PkR7.8bn; EPS: PkR31.6), where AKD Securities upward revise AKD Securities Limited EPS estimate for FY14F by 33% to PkR77/share. According to AKD Securities Limited however, highlight pending interest payable/receivable ...

Karachi, October 30, 2013 (PPI-OT): According to official statistics released by the National Fertilizer Development Centre (NFDC), total urea offtake during 9MCY13 has clocked in at 4.2mn tons, a growth of 13%YoY. According to AKD Securities the growth has been achieved on the back of higher availability following a 15%YoY increase in urea production, where ...

Karachi, October 29, 2013 (PPI-OT): Pak Suzuki Motor (PSMC) is scheduled to announce its 9MCY13 result tomorrow. According to AKD Securities expects the company to post NPAT of PkR1,568mn (EPS: PkR19.05) in 9MCY13 vs. NPAT of PkR1,176mn (EPS: PkR14.29) in 9MCY12 i.e. growth of 33%YoY. Overall sales volumes of the company came in at 59,292 ...

Karachi, October 23, 2013 (PPI-OT): HUBC is scheduled to announce its 1QFY14 result on Oct 24’13. AKD Securities expects the company to post NPAT of PkR2,612mn (EPS: PkR2.26) in 1QFY14, a growth of 24%YoY/32%QoQ. According to AKD Securities the growth is expected to be led primarily by a decline of 53%YoY in financial charges on ...

Karachi, October 22, 2013 (PPI-OT): DG Khan Cement Co. (DGKC) is set to announce its result for 1QFY14 later today. According to AKD Securities in this regard, expect DGKC to post NPAT of PkR1,397mn (EPS: PkR3.19), flattish on a YoY basis but up by 11%QoQ largely due to a low base (deferred tax in 4QFY13). ...