fbpx
  • About
  • Advertise
  • Contact
Friday, February 3, 2023
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
Economy.pk
Home Business

Profit Outflows exceeded 1bn – State Bank of Pakistan

byRaiymah Javed Rana
February 27, 2021
in Business, Economy, Finance, Main, New
Reading Time: 1 min read
0
Profit Outflows exceeded 1bn - State Bank of Pakistan
78
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

The State Bank of Pakistan reported that intromit of profit and dividends rose 8.35 per cent to $1.025 billion during the first seven months of the current fiscal year compared to $946m in the same period last year, on Friday. Hence the Profit Outflows exceeded 1bn.

The Profit outflows comprised of repatriation profits on foreign direct investment (FDI) and foreign portfolio investment (FPI).

RelatedPosts

Mobile phones, junk food, energy drinks banned in schools

PM Shehbaz calls for national unity to become ‘one wall’ against terrorism

Pakistan’s textile sector exports witnessed a significant decline of 12.4%

Moreover, in the same period of last year, the FPI highlighted a profit of $64m which was sent abroad compared to $104m the food sector noted the highest outflow of profits at $219.5m during the July-January period compared to $53m in the same period last year.

Alternatively, in accordance to the SBP figures, Profit Outflows from financial businesses stood at $125.5m while from the communication sector it was $119m during the seven months. From the tobacco and cigarettes sectors, the outflow increased to $83m compared to $33m.

Raiymah Javed Rana

Raiymah Javed Rana

Related Posts

Mobile phones, junk food, energy drinks banned in schools

Mobile phones, junk food, energy drinks banned in schools

The Punjab School Education Department on Friday introduced stringent measures for students in Punjab private schools, banning mobile phones within...

PM Shehbaz calls for national unity to become ‘one wall’ against terrorism

PM Shehbaz calls for national unity to become ‘one wall’ against terrorism

The Apex Committee meeting in Peshawar is currently hearing remarks from Prime Minister Shehbaz Sharif following a terrible terrorist attack...

Next Post
Stock Market, Shares

Stock Market takes a Plunge; confined within the grey list

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Mobile phones, junk food, energy drinks banned in schools

Mobile phones, junk food, energy drinks banned in schools

ChatGPT sets record for 'fastest-growing' user base in history

ChatGPT sets record for ‘fastest-growing’ user base in history

PM Shehbaz calls for national unity to become ‘one wall’ against terrorism

PM Shehbaz calls for national unity to become ‘one wall’ against terrorism

PM Shehbaz Sharif Invites Ex-PM Imran Khan to All-Parties Conference Amid Daunting Challenges

PM Shehbaz Sharif Invites Ex-PM Imran Khan to All-Parties Conference Amid Daunting Challenges

Pakistan may face a shortage of x-ray films, warns importer

Pakistan may face a shortage of x-ray films, warns importer

All-rounder David Wiese thanks Lahore Qalandars for reviving his international career

All-rounder David Wiese thanks Lahore Qalandars for reviving his international career

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In