PakStox Outlook

For the years ending 2024 and 2023, HTL incurred operating losses. Income during these periods primarily consisted of "other income," which was substantially comprised of dividend income from its 100% owned subsidiary, Hi-Tech Blending. Furthermore, in both 2024 and 2023, HTL benefited from a tax write-back. This write-back boosted profit after tax (PAT) in 2024 and reduced the net loss in 2023. The tax write-back resulted from the company and its subsidiary, Hi-Tech Blending (Private) Limited, being taxed as a group. Lat cash dividend was paid in Year 2022.  With over 75% holding with sponsors what is the point of listing for PSX participants.

OGDC remains under state control. The Government of Pakistan holds around 75% of its shares. For the latest quarter ending Sep2024, OGDC owns a 20% stake in Mari Petroleum (PSX:MARI). It is holding 42% of Pakistan's oil reserves and 36% of its gas reserves. OGDC posted a profit of Rs. 9.5 per share and paid a cash dividend of Rs. 3 per share. In the last four quarters, OGDC earned a net income of Rs. 46.7 per share. While in the last 4 quarters, total cash distribution was Rs. 11.5 per share. PAT for the trailing twelve months decreased by 4% compared to the prior quarter. Over the past 3 months, OGDC has gained 33% compared to a gain of 34% of the KSE100 Index. Over the past 1 year, OGDC has gained 79% compared to a gain of 81% of the KSE100 Index. OGDC has made no change in its capital in the last one year. Exposure in PSX Indices: KSE100: High KSE30: High KMI30: High OGDC is trading at a market price of Rs. 222.5.Its Price Earning Ratio is 5. Its dividend yield is 5.2%. The aver...

Oil & Gas is the largest sector in the Pakistan Stock Exchange in terms of market capitalization. This sector is also heavily exposed to PSX Indices. The total market capitalization of the sector is 21% of the PSX market capitalization. See the Detailed Sheet together with Key Financials of Constituent companies.