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KSE-100 Profitability Soars by 155%

bySuneela Zulfiqar
April 30, 2022
in Business
Reading Time: 1 min read
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KSE-100 Profitability Soars by 155%
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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.

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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).

Tags: Arif Habib Limitedbourse's market capitalization.KSE-100latestprofitability
Suneela Zulfiqar

Suneela Zulfiqar

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