Strength-6 - FoxLogica

⏸️ KTML: HOLD Signal (6/10) – KTML Transmission of Quarterly Financial Statements for the Period Ended 30.09.2025

⚡ Flash Summary

KTML’s financial performance for the quarter ended September 30, 2025, showed mixed results. Sales increased slightly by 1.6% to Rs. 15,389 million, but operating profit decreased from Rs. 1,573 million to Rs. 1,413 million. However, after-tax profit saw a significant increase to Rs. 665 million (2024: Rs. 518 million), leading to higher earnings per share of Rs. 0.49 (2024: Rs. 0.38). The company is navigating challenges in yarn sales due to imports and high tariffs in the US by diversifying its product base and expanding marketing efforts.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: SHORT_TERM

📌 Key Takeaways

👍 Sales increased by 1.6% to Rs. 15,389 million (2024: Rs. 15,140 million).
👎 Cost of sales increased by 1.9% to Rs. 12,958 million (2024: Rs. 12,712 million).
👌 Gross profit remained relatively stable at Rs. 2,431 million (2024: Rs. 2,428 million).
😞 Operating profit decreased to Rs. 1,413 million (2024: Rs. 1,573 million).
🚀 After-tax profit increased significantly to Rs. 665 million (2024: Rs. 518 million).
💰 Earnings per share increased to Rs. 0.49 (2024: Rs. 0.38).
🏭 Spinning division saw improvements due to reduced cotton prices.
📉 Weaving division held steady due to expanded marketing and higher value products.
🤕 Home Textiles division suffered due to high tariffs in the US; diversifying marketing efforts to offset.
☀️ Solar power expansions are up and running, showcasing a commitment to sustainability.
🌱 Biofuel boiler is running successfully, reducing the carbon footprint.
🧶 Company is investing in the preparatory department of the Gujar Khan division to diversify product base.
🔄 Company is planning to upgrade and replace its oldest looms in the weaving division.
🌐 Raw materials have been purchased at competitive prices internationally.
🤝 Directors acknowledge the support from members, financial institutions, customers, and employees.

🎯 Investment Thesis

HOLD. While KTML shows improved after-tax profitability due to reduced finance costs, there are operational headwinds such as import competition and challenges in the Home Textiles division. Diversification efforts and sustainability initiatives could enhance long-term value, but near-term performance may be volatile.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements MCB Signal: HOLD

⏸️ MCB: HOLD Signal (6/10) – Text of Advertisement Prior to Publication – Third Interim Cash Dividend, 2025 and Mandatory Requirement of Valid CNIC and IBAN

⚡ Flash Summary

MCB Bank Limited declared a Third Interim Cash Dividend of PKR 9.00 per share (90%) for the quarter ended September 30, 2025. The dividend will be paid to shareholders listed on the Register of Members as of October 31, 2025. The Share Transfer Books will be closed from November 3, 2025, to November 5, 2025, to determine entitlement. Shareholders are reminded to provide valid CNIC/NICOP/Passport and IBAN details to receive the dividend, as per regulatory requirements. The bank also urged shareholders to convert physical shares into book-entry form for safe custody.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

💰 MCB Bank announced a Third Interim Cash Dividend for 2025.
💵 The dividend is PKR 9.00 per share, which is 90% of the share value.
🗓️ The dividend applies to the quarter that ended on September 30, 2025.
🏦 Shareholders listed by October 31, 2025, will receive the dividend.
🚫 Share transfers will be suspended from November 3 to November 5, 2025.
🆔 Valid CNIC/NICOP/Passport and IBAN are mandatory for dividend payment.
✉️ Shareholders must also provide their email addresses as per SECP regulations.
⚠️ Unclaimed dividends and share certificates should be claimed from the Share Registrar.
🧑‍🤝‍🧑 Joint account holders must declare their shareholding percentage for tax calculation.
🧾 FBR approval or tax exemption certificate is required for tax exemption claims.
🏢 Physical shares should be converted to book-entry form as per Companies Act, 2017.
🏦 Announcement was made on October 28, 2025.
📅 Board of Directors meeting was held on October 22, 2025.

🎯 Investment Thesis

HOLD. Given the interim dividend announcement and adherence to regulatory requirements, MCB appears stable. However, a more thorough analysis of MCB’s financial statements, market position, and sector dynamics is needed before recommending a BUY or SELL. Target price and time horizon will depend on the outcome of this comprehensive analysis and prevailing market conditions.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements KAPCO Signal: HOLD

⏸️ KAPCO: HOLD Signal (6/10) – Resolutions 29th AGM

⚡ Flash Summary

KAPCO’s 29th Annual General Meeting (AGM) resolutions reveal key decisions regarding dividends and auditor appointments. The company approved a final cash dividend of Rs. 2.50 per ordinary share for the financial year ended June 30, 2025, in addition to an already paid interim cash dividend of Rs. 4.50 per share. A.F. Ferguson & Co. has been re-appointed as the external auditor for the year ending June 30, 2026. These decisions signal continued profitability and commitment to shareholder returns.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ AGM resolutions confirm the company’s decisions.
📅 Meeting held on October 24, 2025.
💰 Final cash dividend of Rs. 2.50 per share approved.
💵 Interim cash dividend of Rs. 4.50 per share already paid.
🧾 Dividends relate to the financial year ended June 30, 2025.
🏢 Shareholders on the register by October 17, 2025, are eligible for the final dividend.
🧑‍💼 A. F. Ferguson & Co. re-appointed as external auditors.
🗓️ Auditors appointed for the year ending June 30, 2026.
🤝 Audit fee to be mutually agreed upon.
✔️ Minutes of the 13th Extraordinary General Meeting confirmed.
📰 Annual Audited Accounts adopted.
🏦 Ordinary share par value is Rs. 10.

🎯 Investment Thesis

Based on the AGM resolutions, a HOLD recommendation is appropriate for KAPCO. The consistent dividend payouts are attractive, but the inherent risks in the power sector, along with regulatory uncertainties, limit significant upside potential. A price target can be established with a time horizon of one year, based on projected earnings and sustainable dividend yield. Further analysis is needed before considering a BUY rating.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements OGDC Signal: HOLD

⏸️ OGDC: HOLD Signal (6/10) – RESOLUTIONS PASSED BY THE SHAREHOLDERS IN 28th ANNUAL GENERAL MEETING HELD ON OCTOBER 27, 2025

⚡ Flash Summary

OGDC’s 28th Annual General Meeting (AGM) held on October 27, 2025, approved key resolutions including the minutes of previous meetings and the Directors’ and Auditors’ reports for the year ended June 30, 2025. A final cash dividend of Rs 5 per ordinary share (50%) was approved, in addition to three interim dividends already paid. The appointment of A.F. Ferguson as the Statutory Auditor for the year 2025-26 was also ratified during the meeting. These decisions reflect the company’s commitment to shareholder returns and governance.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Minutes of the Extraordinary General Meeting held on September 10, 2025, were approved.
🗓️ Minutes of the Annual General Meeting held on October 25, 2024, were approved.
🧾 The Directors’ and Auditors’ Reports and Company’s accounts for the year ended June 30, 2025, were approved and adopted.
💰 A final cash dividend of Rs 5/- per ordinary share (50%) was approved for the year ended June 30, 2025.
🏦 This dividend is in addition to the three interim dividends already paid during the year.
👨‍💼 M/s A.F. Ferguson, Chartered Accountants, were appointed as the Statutory Auditor for the year 2025-26.
🗓️ The AGM was held on October 27, 2025.
📜 Resolutions were passed as per the rule book of the Pakistan Stock Exchange.
🤝 The resolutions were adopted and became effective.
📢 Shareholders approved all proposed resolutions.
🏢 The meeting was the 28th Annual General Meeting of OGDC.
📑 The announcement was made to the Pakistan Stock Exchange and London Stock Exchange.

🎯 Investment Thesis

Based on the AGM resolutions, including the approval of a 50% final dividend and the appointment of auditors, a HOLD recommendation is appropriate. The consistent dividend payouts suggest a stable income stream for investors. Price Target: Maintain current market price. Time Horizon: Medium Term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements JVDC Signal: HOLD

⏸️ JVDC: HOLD Signal (6/10) – Credit of Final Cash Dividend on Preference Shares

⚡ Flash Summary

Javedan Corporation Limited (JVDC) has announced the credit of a final cash dividend of 12% per preference share, accrued up to June 30, 2025. The dividend was electronically credited to the bank accounts of preference shareholders on October 27, 2025, who had provided their valid 24-digit International Bank Account Number (IBAN). Dividend payments to shareholders without valid IBANs have been withheld in compliance with the Companies Act, 2017 and related regulations. The company has published notices in the Pakistan Observer and Roznama Dunya on October 28, 2025, to ensure compliance with PSX regulations.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Javedan Corporation announced a final cash dividend of 12% per preference share.
🗓️ The dividend is for the period ended June 30, 2025.
🏦 Dividends credited electronically to shareholder accounts on October 27, 2025.
🔒 Only shareholders with valid IBANs received the dividend.
🚫 Dividends withheld for shareholders lacking valid IBAN information as per the Companies Act, 2017.
📰 Notices published in Pakistan Observer and Roznama Dunya on October 28, 2025.
🏦 Shareholders without valid IBANs are requested to update their information with the Share Registrar.
🏢 The Share Registrar is M/s. CDC Share Registrar Services Limited.
📍 The Share Registrar is located at CDC House, Karachi.
🌐 More information available at jcl.com.pk/investors-information/#Electronic-dividend.

🎯 Investment Thesis

HOLD. The consistent dividend payout indicates a stable financial condition. However, without comprehensive financial data, a stronger recommendation is not justified. The price target remains unchanged, reflecting a fair valuation considering the dividend yield and prevailing market conditions.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements FCL Signal: HOLD

⏸️ FCL: HOLD Signal (6/10) – Certified Resolutions passed in 17th Annual General Meeting of Fast Cables Limited

⚡ Flash Summary

Fast Cables Limited held its 17th Annual General Meeting on October 27, 2025, where shareholders unanimously passed resolutions. Key decisions included approving the minutes of the previous AGM, adopting the audited accounts for the year ended June 30, 2025, and approving a final cash dividend of 5% (Rs. 0.50 per share) along with bonus shares at a rate of 2.5%. The meeting also saw the appointment of Crowe Hussain Chaudhary and Company as auditors for the financial year ending June 30, 2026. Renewal of investment in associated companies was also approved.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Approved minutes of the 16th Annual General Meeting held on October 28, 2024.
📑 Adopted the Annual Audited Accounts for the year ended June 30, 2025.
💰 Approved a final cash dividend of 5% (Rs. 0.50 per share).
🎁 Approved bonus shares at a rate of 2.5% (25 shares for every 1000 shares held).
👨‍💼 Company Secretary or CFO authorized to execute dividend and bonus share issuance.
🧑‍⚖️ M/S Crowe Hussain Chaudhary and Company appointed as auditors for the year ending June 30, 2026.
🤝 CEO and CFO authorized to negotiate auditor remuneration.
🏢 Approved related party transactions as disclosed in Note 42 of the Financial Statements.
🏦 CEO and CFO authorized to approve transactions with associated companies until June 30, 2026.
✍️ CEO and CFO authorized to sign documents related to associated company transactions.
🔄 Renewed investment in associated companies, Barqtron-Fast (Private) Limited and BES-FCL-Mecons (Private) Limited, with loans of PKR 2,000 million each.
💼 Any Director/Chief Executive Officer empowered to make investment decisions for associated companies.

🎯 Investment Thesis

Based on the information provided, a HOLD recommendation seems appropriate. The dividend and bonus share issuance are positive signals, but the lack of comprehensive financial data limits the ability to perform a thorough valuation. Monitor future earnings releases and industry trends to reassess the investment potential. Additional data about earnings and sector growth needed to make a more informed decision.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements Signal: HOLD

⏸️ SFL: HOLD Signal (6/10) – Certified copy of Resolutions passed in AGM on 27-10-2025

⚡ Flash Summary

Sapphire Fibres Limited (SFL) held its 46th Annual General Meeting on October 27, 2025. Key resolutions passed include the confirmation of minutes from the previous AGM, adoption of audited financial statements for the year ended June 30, 2025, and approval of a final cash dividend of Rs. 10 per share (100%). Shinewing Hameed Chaudhri & Co. were reappointed as statutory auditors for the year ending June 30, 2026. Related party transactions disclosed in Note 38 of the financial statements were ratified, and the Board was authorized to approve future related party transactions on a case-to-case basis.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Minutes of the last general meeting held on October 28, 2024, were confirmed.
👍 Audited Financial Statements for the year ended June 30, 2025, were adopted.
💰 A final cash dividend of Rs. 10 per share (100%) was approved for the year ended June 30, 2025.
👨‍💼 Shinewing Hameed Chaudhri & Co. reappointed as statutory auditors for the year ending June 30, 2026.
🤝 Remuneration for the auditors to be fixed by the Chief Executive.
📑 Related party transactions disclosed in Note 38 of the unconsolidated financial statements for the year ended June 30, 2025, were ratified.
✍️ Board authorized to approve related party transactions on a case-to-case basis for the financial year ending June 30, 2026.
🗓️ Transactions approved by the board to be placed before shareholders in the next AGM for formal approval.

🎯 Investment Thesis

Based on the provided information, a HOLD recommendation is appropriate. The company appears to be maintaining consistent performance with regular dividend payouts and adherence to corporate governance standards. Without specific financial performance data, a strong BUY recommendation is not warranted. Target price and time horizon cannot be determined without additional financial information.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements Signal: HOLD UDLI

⏸️ UDLI: HOLD Signal (6/10) – Certified copies of resolutions passed in Annual General Meeting

⚡ Flash Summary

UDL International Limited held its 4th Annual General Meeting on October 27, 2025, where shareholders unanimously passed resolutions. Key resolutions included approving the minutes of the previous AGM held on October 28, 2024, and adopting the audited financial statements for the year ended June 30, 2025. Additionally, a final cash dividend of Rs. 0.50 paisa per share (5%) was approved for shareholders registered as of October 20, 2025, and M/s Grant Thornton Anjum Rehman, Chartered Accountants, were reappointed as auditors for the year ending June 30, 2026.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Minutes of the last Annual General Meeting held on October 28, 2024 were approved.
🧾 Audited financial statements (unconsolidated and consolidated) for the year ended June 30, 2025 were approved.
👨‍💼 Directors’ report, auditors’ report, and chairman’s review report were also approved.
💰 A final cash dividend of Rs. 0.50 paisa per share (5%) was approved.
🗓️ Dividend will be paid to shareholders registered as of October 20, 2025.
🤝 M/s Grant Thornton Anjum Rehman were reappointed as auditors.
💼 Auditors will serve for the year ending June 30, 2026.
💯 All resolutions were passed unanimously by the shareholders.
🗓️ The 4th AGM took place on October 27, 2025, at 10:00 a.m.
🏢 The meeting was held at NBFI & Modaraba Association of Pakistan Office No 602, Karachi.

🎯 Investment Thesis

Based on this announcement alone, a HOLD recommendation is appropriate. The dividend is a positive signal, but a comprehensive analysis of the financial statements is needed to justify a BUY or SELL recommendation. A price target cannot be determined without more information. Time horizon: Medium-term, pending further financial data.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements KOHE Signal: HOLD

⏸️ KOHE: HOLD Signal (6/10) – Extract of AGM Resolutions

⚡ Flash Summary

Kohinoor Energy Limited’s 32nd Annual General Meeting (AGM) approved the annual audited financial statements for the year ending June 30, 2025. The meeting also approved an interim dividend of Rs. 7.00 per share, which is 70% of the share value, for the financial year 2024-25. M.S A. F. Fergusson & Co. Chartered Accountants, Lahore, were appointed as auditors for the financial year ending June 30, 2026, with specific remuneration allocated for the limited scope review of the 2nd Quarter/Half Year Accounts and the audit of Annual Accounts.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ AGM approved the annual audited financial statements for the year ending June 30, 2025.
💰 Interim dividend of Rs. 7.00 per share (70%) approved for the financial year 2024-25.
🏢 M.S A. F. Fergusson & Co. appointed as auditors for the financial year ending June 30, 2026.
🧾 Auditor remuneration set at Rs 728,830 for the limited scope review.
🏦 Auditor remuneration set at Rs. 2,942,500 for the audit of Annual Accounts.
🗓️ AGM held on October 27, 2025.
📍 AGM held at Islamabad Club, Main Murree Road, Islamabad.
🕒 AGM started at 11:00 AM.
✔️ Chairman’s Review, Directors’ and Auditors’ Report received, adopted, and approved.
🤝 Javed Manzoor certified the resolutions as a true copy.
📅 The 2nd Quarter / Half Year Accounts review period ends December 31, 2025.
📑 Scope of audit includes both limited scope review and full annual audit.

🎯 Investment Thesis

HOLD. The approval of the dividend and appointment of auditors are positive signs, but without more detailed financial information, a HOLD recommendation is appropriate. Further analysis of the company’s financial performance will be needed to justify a BUY recommendation. A SELL is not warranted based on the current information. Price target: To be reassessed upon release of detailed financials. Time horizon: Medium Term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements BAFL Signal: HOLD

⏸️ BAFL: HOLD Signal (6/10) – Newspaper Clippings regarding Notice of Thirm Interim Cash Dividend and Book Closure

⚡ Flash Summary

Bank Alfalah Limited has announced a third interim cash dividend of Rs. 2.5 per share (25%) for the third quarter ended September 30, 2025. The dividend will be paid to shareholders whose names appear on the Register of Members at the close of business on November 4, 2025. The Share Transfer Books of the Bank will be closed from November 5, 2025, to November 6, 2025 (both days inclusive). Shareholders are reminded to update their bank account details for electronic dividend payments and to convert physical shares into book-entry form.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

💰 Bank Alfalah declares a third interim cash dividend of Rs. 2.5 per share.
🗓️ Dividend equates to 25% of the share value for Q3 2025.
⏳ Eligibility determined by shareholder registration by close of business on November 4, 2025.
🚫 Share Transfer Books closed from November 5-6, 2025.
🏦 Dividends will be paid electronically; shareholders must provide bank details.
💳 CNIC submission is mandatory for shareholders.
🧾 Withholding tax on dividends: 15% for filers, 30% for non-filers.
📝 Physical shares must be converted to book-entry form as per Companies Act 2017.
🏢 Bank Alfalah is urging shareholders to comply with regulatory requirements.
✉️ Shareholders were informed about physical shares conversion in July 2021.

🎯 Investment Thesis

HOLD. Bank Alfalah’s announcement of an interim dividend is positive for shareholders. However, the recommendation is to HOLD until a comprehensive analysis of the bank’s financial performance, sector outlook, and regulatory landscape. Investors should monitor the bank’s financial results for the full year 2025 to assess the sustainability of dividend payouts.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

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