KSE-100 Profitability Soars by 155%

In just two years, the profitability of the KSE-100 index increased by 155 percent in January-March of the financial year 2021-22.

The profitability of the benchmark index continues to rise, according to a study released by Arif Habib Limited (AHL), with a 34 percent year-on-year (YoY) increase in the quarter that concluded on March 31, 2022. The report accounts for over 95.0 percent of the main bourse's market capitalization.

The jump in profitability has been broad-based with only 4 sectors amongst the top 15 heavy-weighted sectors posting a loss.

During 3QFY22 / 1QCY22, major contributors to the rise in KSE-100 index earnings growth include Oil & Gas Marketing Companies, Glass & Ceramics, Miscellaneous, Refinery, Textile Composite, Oil & Gas Exploration, Textile Spinning, Automobile parts, and Commercial Banks, generating a bottom-line of Rs. 39.3 billion (+222 percent YoY), Rs. 1.9 billion (+119 percent YoY), Rs. 0.8 billion (+97 percent YoY), Rs. 5.1 billion (+87 percent YoY), Rs. 9.0 billion (+79 percent YoY), Rs. 81.0 billion (+77 percent YoY), Rs. 1.5 billion (+46 percent YoY), Rs. 1.3 billion (+34 percent YoY), and Rs. 79.2 billion (+28 percent YoY), respectively. Notable sectors that posted a muted growth include Fertilizer (+8 percent YoY; Rs. 27.0 billion) and Cement (+2 percent YoY; Rs. 14.5 billion).