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Habib Bank Limited (HBL) announced 9M2014 consolidated profits of Rs 21.8 billion (EPS Rs 14.85) compared to Rs 16.6 billion (EPS of Rs 11.30) in 9M2013; up 31 percent. According to Topline Securities the bank also announced interim cash dividend of Rs 2.25 per share in addition to Rs 4.25 per share already announced for current financial year.

The pre-tax profit of Sindh Bank has crossed Rs 1 billion mark in first nine months (January-September) of this calendar year (CY14). The profit is also higher than entire profit earned in CY13. The Board of Directors of Sindh Bank has approved financial results for the nine months period ended September 30, 2014. According to financial results, with an increase of 20 percent, Sindh Bank earned a pre-tax profit of Rs 1.079 billion in January-September 2014 compared to Rs 900 million in the same period of last fiscal year.
The Indus Motor Company Limited (IMC) has reported a profit after tax of Rs 1.1 billion for the first quarter of the financial year 2014-15 ended September 30. The profit is up 28 percent from Rs 0.9 billion achieved for the same quarter in FY 2013-14. The company's sales revenue from CKD, CBU and spare parts business grew 21 percent to Rs 17.3 billion compared to Rs 14.3 billion achieved for the same period last year.
Soneri Bank Limited posted a pre-tax profit of Rs 1.75 billion for the nine months ended 30 September 2014. The Board in its 139th meeting held on 23 October 2014, approved the Bank's third quarterly financial statements. On the occasion, the Chairman, Alauddin Feerasta appreciated the Bank's continued positive performance during the third quarter and expressed satisfaction on the overall scale of growth.
Khalid S. Subhani is the President and Chief Executive Officer for Engro Polymer & Chemicals Limited, and Senior Vice President for Engro Corporation Limited. Besides Engro Corporation Limited, he is a Director on the Boards of various Engro subsidiaries, the Hub Power Company Limited, Laraib Energy Limited, and Pakistan Japan Business Forum. He is Chairman of the Board of Engro Polymer Trading (Private) Ltd.
Nishat Mills Limited (KSE: NML) is the leading firm of Nishat Group that was commenced in 1951 and listed at stock exchange in 1989. The company is engaged in the business of textile spinning, weaving, processing, stitching, and apparel. It is one of the modern and biggest vertically integrated textile establishments in Pakistan.
The Board of Directors of KASB Bank on Wednesday announced its third quarter results for 2014. The Bank's operational profit as of 30th September 2014 is Rs 121 million. The overall positive outlook can be seen due to the stable performance of the bank.


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln