Pakistan's leading 86 companies listed on the national stock market have achieved a record net profit of Rs1.7 trillion for the fiscal year ending June 30, 2024, reflecting a remarkable 25% increase compared to the previous year. This surge in profitability is attributed to several factors, including robust performance in sectors such as banking and fertilizers, which have significantly contributed to the overall financial health of these companies despite prevailing economic challenges like inflation and high interest rates.
In addition to the impressive profit figures, these companies also increased their dividend payouts by 30%, indicating a strong return on investment for shareholders. The growth in profits showcases resilience within Pakistan's corporate sector, highlighting its ability to navigate through economic adversities while maintaining profitability and shareholder value
In addition to the impressive profit figures, these companies also increased their dividend payouts by 30%, indicating a strong return on investment for shareholders. The growth in profits showcases resilience within Pakistan's corporate sector, highlighting its ability to navigate through economic adversities while maintaining profitability and shareholder value
