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Jalees Ahmed Siddiqi is a seasoned professional with over 35 years of diversified national and international experience. He joined IGI in 2009 as a CEO. Prior to this, he headed Pakistan State Oil as a Managing Director and CEO. He also served the organisation as Executive Director, Human Resource and Services. His earlier association was with Philips where he worked in various positions/functions which covered service, projects, marketing, supply chain, management and plant. The last position he held was Director Human Resource and Services.

United Bank Limited (UBL) on Friday announced 1Q2014 unconsolidated profits of Rs 5.2bn (EPS Rs 4.26) as compared to earnings of Rs 4.0bn (EPS of Rs 3.23) in 1Q2013, up 31.7 percent. However, on the sequential basis, earnings fell by 8.3 percent QoQ. The bank also announced an interim cash dividend of Rs 2.5 per share along with the result, analysts at Topline Securities said.
Kot Addu Power Company (Kapco) has posted earnings of Rs 5.2 billion (EPS of Rs 5.92) in 9MFY14, down 8 percent YoY as compared to Rs 5.7 billion (EPS of Rs 6.42) recorded in 9MFY13. Analysts at Shajar Capital said on Friday that the lower earnings of Kapco mainly came on the back of higher operation and maintenance cost that resulted from major overhauling of four gas turbines and one steam turbine in 2QFY14.
Indus Motor Company (INDU) has posted earnings of Rs 2.3 billion (EPS of Rs 29.5) in 9MFY14 against Rs 1.7 billion (EPS of Rs 22) in the same period last year, witnessing an increase of 35 percent YoY. Analysts at Topline Securities said on Friday that improvement in INDU's earnings was primarily attributable to 4.8 percent YoY increase in sales revenue to Rs 44.8 billion, mainly contributed by 3.5 percent volumetric growth in local sales to 26,727 units.
Parvez Iftikhar is a well-known figure in telecom circles. He served as founding CEO of Pakistan's Universal Service Fund (2007-2011), a public-private telecom development organisation. Previously, he had served as the country-head of Siemens Telecom in Pakistan. After leaving USF, Parvez moved on to ICT policy advisory.
Pakistan Oilfields Limited (POL) on Thursday posted 9MFY14 EPS of Rs 42.71, up 17 percent from 9MFY13 EPS of Rs 36.46. Hike in earnings came from increase in company's topline, said analysts at Topline Securities. During the period under review, the added POL's topline increased by 23 percent to Rs 26.2bn versus Rs 21.4bn last year on account of higher oil and gas production, up 25 percent and 5 percent, respectively.
Attock Petroleum Limited (APL) on Thursday announced 9MFY14 result where the company booked 24% YoY higher profits of Rs 3.65bn (EPS: Rs 44.00) in 9MFY14 as against earnings of Rs 2.95bn (EPS: Rs 35.50) in 9MFY13, said analysts at JS Global. They said that the result announcement came in largely in line with our EPS expectation of Rs 44.7.

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln