Tag Archives: AKD Securities Limited

Karachi, April 29, 2015 (PPI-OT): Official statistics released by the National Fertilizer Development Centre (NFDC) reflect 6%YoY improvement in 3MCY14 fertilizer offtake to 1.92mn tons against 1.82mn tons sold during the same period last year. The said increase in cumulative fertilizer sales came as a result of 10% higher urea sales during the period under ...

Karachi, April 29, 2015 (PPI-OT): Stalling Momentum Short‐Term: The bullish attempt was aborted through a tweezers top formation around 33,970 level yesterday. Inability to clear the aforementioned resistance is likely to invite pres‐sure towards 33,283 level. Need a break above 33,970 level to reset the upwards momentum towards 34,143 and 34,415 levels. Despite a deep ...

Karachi, April 23, 2015 (PPI-OT): Lucky Cement Limited (LUCK) has announced its 3QFY15 results where the company posted net earnings of PkR3.7bn (EPS: PKR11.45) against NPAT of PkR3.0bn (EPS: PkR9.35) in 3QFY14, registering an increase of 22.4%YoY. Subsequently, 9MFY15 bottom-line clocked in at PkR9.3bn (EPS: PkR28.77) vs. PkR8.2bn (EPS: PkR25.31) in 9MFY14, up by 14%YoY. ...

Karachi, April 23, 2015 (PPI-OT): Earmarking the highest ever quarterly profits in 1QCY15 (NPAT: PkR1.1bn, EPS: PkR1.39), Engro Foods (EFOODS) is well on the road to make a new mark. While the sequential jump in profitability is attributable to a host of peripheral factors (seasonal weakness in raw milk prices along with internationally lower powder ...

Karachi, April 20, 2015 (PPI-OT): On a consolidated basis, EFOODS posted NPAT of PkR1,064mn (EPS: PkR1.39) in 1QCY15 against NPAT of PkR190mn (EPS: PkR0.25) in 1QCY14; up 4.8x YoY. On a sequential basis, the company was able to carry forward the positive earnings momentum, as it grow by a stellar 76%QoQ, versus NPAT of PkR606mn ...

Karachi, April 16, 2015 (PPI-OT): With the Power Policy 2015 on final stages of approval, AKD Securities Limited presents a comparative policy analysis of the present draft’s salient features and present departures from initiatives agreed upon during negotiations with the IMF. Analyzing public policies prevalent in the power space in a frontier as well as ...

Karachi, April 15, 2015 (PPI-OT): Following the harsh reaction from the UAE’s Foreign Minister (Anwar Mohammad Gargash) in response to Pakistan’s decision to stay neutral in the Yemen conflict, PM (Nawaz Sharif) has decided to take center stage and pacify the atmosphere by shedding further light on Pakistan’s decision. Although things have been relatively calm ...