Sector – KASB Economics Blog

August 1, 2020August 4, 2020

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...

by Muhammad Yousuf

EFERT Result Review – Earnings recover amid rising off-take

by Muhammad Yousuf

Pakistan cements result previews – A tough year concludes

by Muhammad Yousuf

Habib Bank Limited (HBL) 2Q2020 conference call takeaways

by Faisal Irfan

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...

by Muhammad Yousuf July 27, 2020July 28, 2020

Banking Sector

Habib Bank Limited (HBL) 2Q2020 Result: EPS at PkR7.53/sh – 60% above consensus

Habib Bank Limited (HBL) reported 2Q2020 result today, posting consolidated Profit after Tax (PAT) of PkR 11.04bn (EPS of PkR7.53/sh), up 16xY/Y and 1.7xQ/Q....

by Faisal Irfan July 24, 2020July 28, 2020

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...

by Muhammad Yousuf July 24, 2020July 28, 2020

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:...

by Muhammad Yousuf July 24, 2020July 28, 2020

Fertilizer Sector

Pakistan Fertilizers – Earnings to rebound amidst recovering off-take

Earnings for the fertilizer sector during 2QCY20 are expected to rebound supported primarily by recovering off-take, particularly during Jun20. Off-take during Apr20 and May20...

by Muhammad Yousuf July 23, 2020July 28, 2020

Banking Sector

Pakistan Banking Sector Result Preview- Banks to post decent 2Q20 results despite of high provisioning

-We think the key issues to look out for in 2Q20 results will be 1) The sensitivity of core income to the interest rates...

by Faisal Irfan July 23, 2020July 28, 2020

Sector Steel

Pakistan Long Steel Sector-“Sharp Recovery Underway”

-We initiate our coverage on Pakistan long steel sector with an Outperform rating and Buy recommendation on Amreli Steel Limited (ASTL) (PT: PkR58, 41%...

by Faisal Irfan July 16, 2020

Banking Sector Videos/Education

Tips on Investing in Banking Sector

by KASB Securities July 16, 2020

Auto Sector

Auto sales recover as lockdown eases

Total automobile sales closed the year on a relatively high note, exhibiting recovery throughout the board. Jun20’s sales are likely a reflection of easing...

by Sahil Nisar July 13, 2020