Karachi: Pakistan may witness severe gas and power crises in the upcoming winter season which is feared to result in a complete closure of fertilizer manufacturers, CNG stations and other industries.

According to Alfalah Securities Limited, on the other hand, …

Karachi: State Bank of Pakistan (SBP) has amended the prudential regulations for corporate and commercial banking, small and medium enterprises financing and consumer financing. The SBP circular issued to revise the instructions on provisioning against classified assets as follows:

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Karachi: Low base and higher retentions to bloat EBITDA margins

According to Elixir Securities, they expect EBITDA margins to surge by 78% YoY (up 17% QoQ) during 1QFY12 owing to low base effect along with rise in retention prices. EBITDA …

Karachi: Bank Alfalah Ltd (BAFL) is scheduled to finalize its 9MCY1I result on Oct 24′ll. On an unconsolidated basis, AKD expects BAFL to post NPAT of PkR2.50bn (EPS: PkR1.85) in 9MCY11 against NPAT of PkR1.50bn (EPS: PkR1.11) in 9MCY10, translating …

Karachi: The national exchequer, Federal Board of Revenue (FBR) has collected a provisional amount of PkR 422.77bn during the period of 4MFY12 (July to October 19, 2011) against PkR 334.449 bn in the same period last year, registering a rise …

Karachi: ENI Pakistan Ltd., an International Oil company, has been further granted an extension of 2 years in order to retain area ‘B’ of Badhra development and production lease by the government.

According to Alfalah Securities, a joint venture between …

Karachi: MCB Bank Ltd (MCB) is scheduled to announce its 9MCY11 result on Oct 24’11.

According to AKD Securities, on a consolidated basis, they expect MCB to post NPAT of PkRI5.9Obn (fully-diluted EPS: PkR19.01) in 9MCY11 against NPAT of PkRI2.S5bn …

Karachi: MCB; Earnings are likely to register a rise of 30.5% during 9MCY11 The board meeting of MCB Bank (MCB) is scheduled to announce its 9MCY11 results on October 24, 2011.

According to Arif Habib Limited, in 3QCY11 alone MCB …

Karachi: The country’s current account (CA) deficit for quarter ending September FY12 clocked in at USD ~1.2bn or 2.0% of the GDP.

According to Arif Habib Limited, this showed a worsening picture when compared to last year CA deficit of …