Economic Review articles from December 1995

Economic Review archives from December 1995

Changing directions. (Pakistan)
December 1, 1995... Any rapproachment between PML(N) and MQM may reduce the possibility of resumption of talks between government and MQM. Extra-significance attached to the post of COAS is the greatest dilemma of Pakistan's politics. The Milli Yakjehti Council...

Trade with India. (Pakistan)
December 1, 1995... Trade with India not only benefit by realising import duty but also the landed cost would be more than smuggled one favouring the local manufacturers. The Government of Pakistan is said to have decided in principle to normalise its trade...

Performance of top 100 companies on KSE. (Karachi Stock Exchange)(Cover Story)
December 1, 1995... Present study includes six tables on Top 100 companies according to Sales, Networth, Ratio of Pretax Profit to Networth, Earning Per Share, Break-up Value and Dividend and Bonus. Pakistan State Oil Company Ltd. commands the first position in our...

Networth - 1994. (top 100 Pakistani companies according to networth on Karachi Stock Exchange Ltd. - 1994)
December 1, 1995... Table on Top 100 companies according to Networth shows that 93 companies registered an increase in the Networth over the previous year. Companies showing decline were one each from Transport & Communication (Pakistan National Shipping...

Pretax profit to networth - 1994. (top 100 companies according to pretax profit to networth on Karachi Stock Exchange Ltd. - 1994)
December 1, 1995... Pharmaceutical sector became the leader in profit during the year 1994. Out of 100 companies in the table of high profitability, 18 companies belonged to Chemical Pharma sector. Hilal Flour & General Mills Ltd. occupied the top position for the...

Break-up value. (top 100 companies according to break-up value on Karachi Stock Exchange Ltd. - 1994)
December 1, 1995... Break-up Value is networth per share and is still one of the important criteria to judge the financial soundness of a company. The Break-up Value per share is assessed by adding together the assets (current and fixed), including property and...

Earning per share. (top 100 companies according to earning per share on Karachi Stock Exchange Ltd. - 1994)
December 1, 1995... From the table on Top 100 companies according to Earning Per Share (EPS) of Rs. 10/- each, it will be observed that on the whole earning of companies has shown marginal increase over the previous year. From the foregoing table it will be seen...

Dividend. (Pakistani companies declaring dividends for 1994)
December 1, 1995... The dividend picture in 1994 was somehow gloomy. Number of companies declaring dividend at the rate of 25 percent and above dividend to 123 as compared to 126 in the preceding year. Companies declaring dividend at the rate of 50 per cent and...

Cement shortage would continue despite big expansion in the cement sector.
December 1, 1995... There were 16 companies on the list of Karachi Stock Exchange in the Cement sector in 1994. After addition of Chakwal Cement and Lucky Cement number of companies on the list increased to 18 and the paid-up capital to Rs. 13.640 billion during...

The recurring losses were attributed to the monopolistic buyers market. (jute)
December 1, 1995... There were 8 companies on the list of Karachi Stock Exchange in the Jute sector. Total Paid-up Capital of these companies stood at Rs. 411.79 million, while Free Reserves and Surplus stood at a negative balance of Rs. 12.14 million during the...

Stiff competition from India and China. (leather and tanneries)
December 1, 1995... There were 8 companies on the list of Karachi Stock Exchange in the Leather and Tanneries sector in 1994. The total Paid-up Capital of these companies stood at Rs. 361.05 million, while Free Reserves and Surplus stood at Rs. 708.51 million during...

Private commercial banks. (local commercial banks on Karachi Stock Exchange - 1994)
December 1, 1995... Banks shares are being quoted below their Break-up Values. The upswing is likely to push up the values of banks' shares substantially. However, the investors may keep an eye on the privatisation of the giants like the HBL and UBL which is going...

Refinery. (refinery companies on Karachi Stock Exchange - 1994)
December 1, 1995... Ground breaking ceremony of Pak-Iran Refinery is likely to take place in early 1996. Similarly PSO Refinery is being set up in collaboration with South Korea. Sampak Group has also come forward to set-up a refinery near Karachi. Entire cost of...

Sugar and allied. (sugar and allied companies on Karachi Stock Exchange - 1994)
December 1, 1995... Higher Sugar Production Prospect of Export Bright There were 38 companies on the list of Karachi Stock Exchange in Sugar & Allied sector in 1994. Of these we have analysed 33 companies, while the Annual Reports of Adam and Frontier were not...

Textile. (textile companies on Karachi Stock Exchange - September 1994)
December 1, 1995... There were 226 companies on the list of Karachi Stock Exchange in the Textile sector (Spinning 155, Weaving 27, Composite 44) in 1994. Of these we have analysed 37 companies who have paid 10 per cent and above dividend/bonus during the year 1994....

Profitability depends on government even handed policies in respect excise duty and sales tax. (tobacco industry)
December 1, 1995... There were 26 cigarette manufacturing units in-operation in the country with an installed capacity of 50 million cigarettes per annum. Actual production of cigarettes increased from 32.279 billion in 1989-90 to 35.895 billion numbers in 1993-94:-...

The role of stock exchange in the development of capital markets in Pakistan.
December 1, 1995... The Stock Exchange plays an important role in the economy. It determines the economic health of the country and has a pivotal role in mobilising resources for development of capital market. The main capital market institutions in Pakistan are...

Pakistan State Oil committed to excellence. (Pakistan State Oil Company Ltd.)
December 1, 1995... Performance is one of the final criteria while judging a Company. During the last 18 years, the professional management and staff of Pakistan State Oil Company (PSO) has rigorously pursued growth and performance. Today PSO is not only the largest...