Muhammad Yousuf – KASB Economics Blog

CAD slows down by 76% M/M in Feb21

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Analyzing sector impact- Power Tariff hiked I Gas-supply disconnections

Power Tariff hiked by federal government In a bid to restart the IMF program, the federal government has hiked the electricity tariff by PKR...

Economic Forecasts

Status Quo likely in upcoming Monetary Policy

The State Bank of Pakistan (SBP)’s monetary policy committee will convene on Jan 22’21 to set interest rates for the next 2 months. We...

Economic Forecasts Economy

November 2020 Balance of Payment monthly update

Pakistan records 5th consecutive monthly current account surplus in FY21 Dear Friends, Based on the data released by the SBP, Pakistan’s external account recorded...

Fertilizer Sector

EFERT – Analyst Briefing Highlights

EFERT’s earnings dipped by 38% YoY to PKR 4,457mn during 1HCY20 primarily due to lower sales, which fell by ~5% YoY to 847kT (a...

Fertilizer Sector

EFERT Result Review – Earnings recover amid rising off-take

Engro Fertilizers (EFERT) announced its results earlier today, posting earnings of PKR 3,886mn (EPS: PKR 2.91) during 2QCY20, up 7x QoQ compared with earnings...

Cement Sector

Pakistan cements result previews – A tough year concludes

The Pakistan Cement Industry concluded one of its toughest years during FY20 with majority of the manufacturers expected to close in red. Prime reasons...

Fertilizer Sector

FFC – earnings depict consistency amidst the pandemic

Fauji Fertilizers Company (FFC) announced its financial results earlier today, posting earnings of PKR 4,874mn (EPS: PKR 3.83) during 2QCY20 compared to PKR 5,209mn...

Fertilizer Sector

FFBL announces a loss of PKR 1.24/sh during 2QCY20

– FFBL announced its result for 2QCY20 earlier today, posting a loss of PKR 1,160mn (EPS: PKR -1.24) compared with a loss of PKR 84mn (EPS:...

Auto Sector

HCAR starts year on a depressed note

– Honda Atlas Cars (HCAR) announced its financial results earlier today, posting a loss of PKR 511mn (EPS: PKR -3.58) during 1QMY21 compared with earnings of...