Strength-6 - FoxLogica

⏸️ STYLERS: HOLD Signal (6/10) – Financial Results for the Quarter Ended 30-09-2025

⚡ Flash Summary

Stylers International Limited reported its financial results for the quarter ended September 30, 2025. The company’s revenue decreased to PKR 4,637.787 million compared to PKR 4,884.545 million in the same quarter last year. Net profit also declined to PKR 230.254 million from PKR 290.032 million year-over-year. The board of directors did not recommend any cash dividend, bonus shares, or right shares for the quarter.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 Revenue decreased to PKR 4,637.787 million from PKR 4,884.545 million year-over-year.
📉 Gross profit declined to PKR 770.279 million from PKR 842.916 million.
📉 Profit before taxation decreased to PKR 371.378 million from PKR 403.431 million.
📉 Net profit after taxation decreased to PKR 230.254 million from PKR 290.032 million.
⚠️ No cash dividend was declared for the quarter ended September 30, 2025.
⚠️ No bonus shares were declared for the quarter ended September 30, 2025.
⚠️ No right shares were declared for the quarter ended September 30, 2025.
➡️ Earning per share (basic and diluted) decreased to PKR 0.47 from PKR 0.63 year-over-year.
⬆️ Total Assets increased to PKR 20,371.637 million from PKR 20,098.266 million as of June 30, 2025.
⬆️ Revenue reserves – Unappropriated profit increased to PKR 5,534.004 million from PKR 5,303.750 million.
⬇️ Cash flow from operations decreased to PKR 373.637 million from PKR 404.238 million.
⬇️ Capital expenditure was PKR (118.910) million compared to (885.307) million.

🎯 Investment Thesis

HOLD. The company’s declining revenue and profit raise concerns about its short-term performance. While the balance sheet shows some stability, the lack of dividend declarations and negative trends in profitability warrant caution. A HOLD rating is appropriate until there are signs of improvement in financial performance and market conditions. Price target: Maintain current levels; Time horizon: Medium Term.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements NCL Signal: HOLD

⏸️ NCL: HOLD Signal (6/10) – Financial Results for the Quarter Ended September 30, 2025

⚡ Flash Summary

Nishat Chunian Limited (NCL) reported its financial results for the quarter ended September 30, 2025. The company experienced a decrease in revenue compared to the same period last year, but managed to significantly increase its profit after taxation. Earnings per share also saw a substantial rise, driven by operational efficiencies and potentially other income. However, investors should be cautious as cash flow from operations is negative.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 Revenue decreased slightly to PKR 22.94 billion from PKR 23.33 billion year-over-year.
⬆️ Gross profit increased to PKR 2.65 billion, up from PKR 2.18 billion in the previous year.
💰 Other operating income decreased substantially to PKR 109.07 million from PKR 315.15 million year-over-year.
💸 Finance costs decreased to PKR 1.198 billion, compared to PKR 1.465 billion in the prior year.
📊 Profit before levy and taxation rose significantly to PKR 803.28 million from PKR 328.90 million year-over-year.
✔️ Profit after taxation saw a substantial increase to PKR 516.16 million from PKR 36.78 million in the previous year.
📈 Earnings per share (EPS) increased significantly to PKR 2.15 from PKR 0.15 year-over-year.
⚠️ Cash generated from operations is negative at PKR (6.337) billion compared to PKR 3.096 billion last year.
Borrowings are up. Short term borrowings-net increased from (55.221) million to PKR 8,675 million.
Trade debts increased from PKR 12.53 billion to PKR 13.23 billion.
Stock in trade increased from PKR 30.83 billion to PKR 40.58 billion.
Long term financing is nearly flat at PKR 7.54 billion vs PKR 7.99 billion.

🎯 Investment Thesis

I recommend a HOLD rating on Nishat Chunian. The improved profitability and EPS are encouraging, but the negative operating cash flow and reliance on factors like reduced finance costs raise sustainability concerns. A price target cannot be accurately determined without further information and clarification on the cash flows. The time horizon is medium-term, contingent on observing improved cash flow management and consistent operating performance.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements GLAXO Signal: HOLD

⏸️ GLAXO: HOLD Signal (6/10) – Transmission of Quarterly Report for the period ended September 30, 2025

⚡ Flash Summary

GlaxoSmithKline (GSK) Pakistan Limited’s report for the nine months ended September 30, 2025, shows a net sales of Rs. 44.5 billion, which includes Rs. 0.88 billion from Haleon Pakistan Limited. Excluding these specific sales, the underlying sales growth is 3.4%. The gross margin increased to 35.8%, a 14% increase due to price adjustments and profitability measures. Earnings per share increased significantly from Rs. 11.25 to Rs. 19.57. Despite signs of economic stabilization in Pakistan, risks remain, including rising inflation and fiscal challenges.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📈 Net sales reached Rs. 44.5 billion.
📉 Haleon Pakistan Limited contributed Rs. 0.88 billion compared to Rs. 1.42 billion last year.
🌱 Underlying sales growth, excluding Haleon, is 3.4%.
📊 Gross margin increased to 35.8%, up 14% from the previous period.
💰 Earnings per share (EPS) jumped to Rs. 19.57 from Rs. 11.25.
⬆️ Operating expenses increased modestly, by 1.6% relative to sales.
🌍 Pakistan’s economy shows signs of stabilization with 2.7% GDP growth.
⚠️ Risks remain due to inflation, fiscal challenges, and climate vulnerability.
🤝 Company focuses on stakeholder collaboration and cost-saving strategies.
🔬 Commitment to high-quality medicines and improved profitability.
🌱 Investments in key business drivers for competitive growth.
🌊 Recent floods highlight climate change vulnerability.

🎯 Investment Thesis

HOLD. The company shows improved performance in key areas like gross margin and EPS, but potential economic instability and regulatory uncertainty in Pakistan create headwinds. Current financials do not clearly indicate an under or over valuation.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements PAKT Signal: HOLD

⏸️ PAKT: HOLD Signal (6/10) – Transmission of Quarterly Financial Statements for the Period Ended 30/09/2025

⚡ Flash Summary

Pakistan Tobacco Company (PAKT) reported its condensed interim financial results for the nine-month period ended September 30, 2025. The company experienced growth momentum with Gross Turnover and Net Turnover increasing by 5% and 16%, respectively, compared to the same period last year. Export turnover grew significantly by 72%, offsetting a 3% volume decline in the domestic combustible cigarette business. The Board of Directors has declared an interim dividend of PKR 30 per share, bringing the total dividend to PKR 130 per share.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📈 Gross Turnover increased by 5% to PKR 274.892 million in Jan-Sep 2025 from PKR 262.423 million in Jan-Sep 2024.
💸 Net Turnover increased by 16% to PKR 102.548 million in Jan-Sep 2025 from PKR 88.119 million in Jan-Sep 2024.
🌍 Export turnover grew impressively by 72% in the nine-month period.
🚬 A 3% volume decline was observed in the domestic combustible cigarette business.
💰 Gross Profit increased to PKR 52.418 million in Jan-Sep 2025 from PKR 42.060 million in Jan-Sep 2024.
📊 Operating Profit increased to PKR 40.463 million in Jan-Sep 2025 from PKR 30.862 million in Jan-Sep 2024.
✅ Profit Before Tax (PBT) increased to PKR 41.557 million from PKR 35.615 million.
✅ Profit After Tax (PAT) increased to PKR 24.518 million from PKR 19.915 million.
✔️ Earnings Per Share (EPS) increased to Rs 95.96 from Rs 77.95.
💰 An interim dividend of PKR 30 per share was declared on September 26, 2025, bringing total dividends to PKR 130 per share.
📉 Excise duties decreased from (133,873,541) to (130,280,153).
💲 Sales tax increased from (40,430,215) to (42,064,030).
💵 Finance income decreased from 5,898,612 to 1,685,407.

🎯 Investment Thesis

Based on the information, a HOLD recommendation is appropriate. The company’s revenue growth, export performance, and increased profitability are positive indicators. However, the challenges posed by the domestic market and illicit cigarettes warrant a cautious approach. A price target requires further analysis but can be estimated based on peer multiples and growth rates. The time horizon is medium-term (6-12 months) pending more clarity on regulatory and market dynamics.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements FANM Signal: HOLD

⏸️ FANM: HOLD Signal (6/10) – Transmission of Quarterly Report for the Period Ended 09/30/2025

⚡ Flash Summary

First Al-Noor Modaraba (FANM) reported a net profit of Rs. 7.651 million for the quarter ended September 30, 2025, a significant turnaround from the Rs. 6.917 million loss in the same period last year. This positive shift resulted in earnings per certificate of Rs. 0.33 compared to a loss of Rs. (0.30) per certificate last year. The company’s improved performance is attributed to improving macroeconomic conditions. Management is optimistic about sustaining profitability and growth for the remainder of the financial year ending June 30, 2026.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ FANM reports a net profit of Rs. 7.651 million for Q1 2025, compared to a loss of Rs. 6.917 million in Q1 2024.
📈 Earnings per certificate improved to Rs. 0.33, up from a loss of Rs. (0.30) in the previous year.
🌍 Management attributes the turnaround to improving macroeconomic conditions.
🏦 Cash and bank balances increased to Rs. 199.295 million from Rs. 133.917 million.
📊 Short term investments increased to Rs. 51.121 million from Rs. 42.357 million.
💪 Total assets increased to Rs. 288.351 million, compared to Rs. 275.015 million.
💰 Gain from trading operations increased to Rs. 10.974 million from a loss of Rs. (3.747) million.
📜 Modaraba certificates issued remain constant at Rs. 231 million.
Reserves increased slightly to Rs. 78.095 million from Rs. 77.845 million.
📉 Accumulated losses decreased to Rs. (40.741) million from Rs. (49.828) million.
📊 Book value per share is improved from prior period.
💼 Management maintains confidence in sustainable profitability and continued growth in the remaining fiscal year ending June 30, 2026.
🗓️ The report is for the first quarter ended September 30, 2025.
🏢 Company headquarters are located in Karachi.

🎯 Investment Thesis

I recommend a HOLD position for FANM. The company has demonstrated a significant improvement in its financial performance, but it needs to sustain this positive trend over a longer period. Further monitoring of macroeconomic conditions and the company’s performance is necessary to confirm its long-term sustainability and growth potential. My price target for the next 12 months is based on steady cash flows and profitability.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements PRWM Signal: HOLD

⏸️ PRWM: HOLD Signal (6/10) – Financial Results for the Quarter Ended

⚡ Flash Summary

Prosperity Weaving Mills Ltd. reported its financial results for the quarter ended September 30, 2025. The company’s revenue decreased from PKR 5.114 billion to PKR 4.682 billion. Despite the revenue dip, the company managed to post a profit after taxation of PKR 46.18 million, a notable increase from PKR 20.23 million in the same quarter last year. Earnings per share (EPS) also improved significantly, rising from PKR 1.09 to PKR 2.50.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 Revenue decreased to PKR 4.682 billion from PKR 5.114 billion year-over-year.
✅ Profit after taxation increased to PKR 46.18 million from PKR 20.23 million year-over-year.
🚀 Earnings per share (EPS) increased to PKR 2.50 from PKR 1.09 year-over-year.
💰 Gross profit decreased to PKR 316.42 million from PKR 338.04 million year-over-year.
🚧 Finance costs decreased to PKR 44.27 million from PKR 85.70 million year-over-year.
👍 Total comprehensive income for the period increased to PKR 101.79 million from PKR 19.02 million year-over-year.
🧾 Administrative expenses slightly increased to PKR 42.61 million from PKR 41.93 million year-over-year.
🏦 Total equity increased to PKR 2.516 billion from PKR 2.414 billion from June 30, 2025.
💸 Cash and bank balances significantly increased to PKR 707.51 million from PKR 224.64 million from June 30, 2025.
⚠️ Short term borrowings decreased slightly to PKR 1.095 billion from PKR 1.101 billion from June 30, 2025.
💼 Trade receivables increased to PKR 1.210 billion from PKR 1.073 billion from June 30, 2025.
🌱 Net cash generated from operating activities was PKR 660.38 million compared to outflow of PKR 11.99 million year-over-year.
Investments in equity instruments designated at FVTOCI saw a fair value gain of PKR 55.61 million.
Final dividend was paid for the year ended June 30, 2024, at Rs. 2.5 per ordinary share.

🎯 Investment Thesis

HOLD. While the company has shown improvements in profitability and EPS, the decline in revenue is concerning. The increased cash position and improved operating cash flow are positive signs, but more consistent revenue growth is needed to justify a BUY recommendation. A HOLD recommendation is appropriate until the company demonstrates sustained revenue growth and can maintain its profitability improvements. Further observation is needed to evaluate the company’s long-term trajectory.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements FDPL Signal: HOLD

⏸️ FDPL: HOLD Signal (6/10) – Transmission of Quarterly Report for the Period Ended

⚡ Flash Summary

First Dawood Properties Limited (FDPL) reported a pre-tax profit of PKR 3.97 million for the quarter ended September 30, 2025, compared to PKR 1.93 million in the same period last year. The increase in profit is attributed to significant efforts in cash recovery. The company’s total equity has increased to PKR 672.027 million. Earnings per share (EPS) for the quarter is PKR 0.026.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📈 Pre-tax profit increased to PKR 3.97 million from PKR 1.93 million year-over-year.
💰 Total equity rose to PKR 672.027 million.
✔️ Earnings per share (EPS) stood at PKR 0.026.
🏦 Significant efforts in cash recovery contributed to improved profitability.
🏢 The company is focusing on innovative operations in real estate, trading, and services.
📜 Value of assets under trusteeship remains steady at PKR 9.04 billion.
🧾 Condensed interim financial information prepared according to IAS-34 and SECP regulations.
✅ Accounting policies are consistent with the previous year.
🔒 Financial risk management objectives align with the year-end report.
🤝 The company expresses gratitude to shareholders, the State Bank of Pakistan, and the SECP.
❤️ Appreciation for the hard work and dedication of employees.
🙏 Prayers for the health and safety of humanity against the ongoing pandemic.

🎯 Investment Thesis

Given the limited financial details, ongoing litigations, and steady growth, a HOLD recommendation is appropriate. A more assertive stance would require more information on FDPL’s assets and earnings.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements CEPB Signal: HOLD

⏸️ CEPB: HOLD Signal (6/10) – PRESENTATION-CORPORATE BRIEFING SESSION

⚡ Flash Summary

Century Paper & Board Mills Limited (CEPB) held a corporate briefing session on October 30, 2025, discussing the company’s performance and strategic developments. The presentation highlighted the company’s production capacity, market share, and financial results. CEPB’s total production capacity has increased to 282,000 TPY, with a significant portion dedicated to coated packaging boards. The company’s financial performance for the first quarter of 2025-26 shows net sales of PKR 10.64 billion, but also a profit before tax loss of PKR (108) Million.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🏭 Century Paper is part of the Lakson Group, founded in 1954.
🥇 The company is a market leader in coated packaging boards.
📈 Total production capacity has increased to 282,000 TPY.
📦 P&B Production capacity is at 282,000 MT and Box production capacity is 35,000 MT.
⚡ Electricity and steam capacity are 65 MW and 288 Tons/Hr, respectively.
🏢 The area of the plant is 175 Acres (60 Hectors) and the company employs 1550 people.
📊 Total P&B consumption for 2024-25 is 1,762,000 MT.
CDB (Coated Duplex Board) production capacity in 2024-25 totals 283,000 MT.
FBB (Folding Box Board) production capacity in 2024-25 totals 164,000 MT.
CDB capacity utilization is at 78% while FBB/Others is also at 78% for 2024-25.
☀️ The company utilizes a mix of coal, gas, and grid power, with solar contributing a smaller percentage.
🌱 Sustainability initiatives cover resource conservation, gender equality, and responsible consumption.
💸 Sales volume for 2024-25 reached 170 thousand MT with a gross revenue of PKR 44 Billion.
💰 Gross profit for 2024-25 was PKR 2.7 Billion, with a profit before tax of PKR 30 Million.
✔️ Current ratio is at 1.40 times and the equity stands at PKR 13 Billion in 2024-25.

🎯 Investment Thesis

Based on the available information, a HOLD recommendation is appropriate. The company has a strong market position and substantial revenue, but profitability concerns need to be addressed. Further analysis of the company’s financials, cost structure, and growth prospects is needed to make a more informed investment decision.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements GGGL Signal: HOLD

⏸️ GGGL: HOLD Signal (6/10) – FILING OF RESOLUTIONS PASSED BY THE SHAREHOLDERS IN THEIR 18th ANNUAL GENERAL MEETING

⚡ Flash Summary

Ghani Global Glass Limited (GGGL) held its 18th Annual General Meeting (AGM) on October 28, 2025, where shareholders approved several resolutions. These included adopting the annual audited accounts for the year ended June 30, 2025, re-appointing auditors for the year ending June 30, 2026, and enhancing investments in associated companies. A key decision was to increase the investment in Ghani Global Holdings Limited from Rs. 200 million to Rs. 300 million. The meeting also saw approval for modifications to the Employee Stock Option Scheme (ESOS).

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Annual audited accounts for the year ended June 30, 2025 were adopted.
🤝 M/s Crowe Hussain Chaudhury & Co. re-appointed as auditors for the year ending June 30, 2026.
💰 Investment in Ghani Global Holdings Limited (GGL) increased from Rs. 200 million to Rs. 300 million.
🧪 Investment in Ghani Chemical Industries Limited (GCIL) enhanced from Rs. 300 million to Rs. 400 million.
🌍 An investment of up to Rs. 200 million approved for Ghani ChemWorld Limited (GCWL).
💼 Existing Employee Stock Option Scheme (ESOS) replaced with an updated version.
🗓️ Resolutions are valid for three years from the date of approval.
👤 CEO and Company Secretary empowered to execute investment decisions.
📜 Compliance with Section 199 of the Companies Act, 2017, for investments in associated companies.
🏦 Investments are in the form of loans and advances.
📑 Terms and conditions of investments are as per Section 134(3) of the Companies Act, 2017.
📅 Next AGM for the year ending June 30, 2026, will appoint auditors and determine remuneration.
📈 ESOS scheme aims to improve company performance and shareholder value.
🏅 ESOS scheme aims to reward and retain key employees, aligning their interests with shareholders.
🔒 The ESOS scheme contains lock-in periods and exercise conditions

🎯 Investment Thesis

HOLD. The announcement indicates strategic investments and modifications to the ESOS, but lacks specific financial data to assess the potential impact on GGGL’s performance. While the resolutions are positive indicators of corporate governance and strategic planning, a more comprehensive financial analysis is necessary before recommending a BUY or SELL decision. A price target cannot be reliably estimated without further financial details. The time horizon is MEDIUM_TERM, pending further financial data and performance trends.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

AMTEX announcements Signal: HOLD

⏸️ AMTEX: HOLD Signal (6/10) – Resolution Adopted by the Shareholders in the AGM held on October 28, 2025

⚡ Flash Summary

The Amtex Limited AGM held on October 28, 2025, approved several key resolutions. These include the approval of the minutes from the previous Extra Ordinary General Meeting and the audited financial statements for the year ended June 30, 2025. Furthermore, the shareholders re-appointed M/S Zahid Jamil & Co. as auditors for the upcoming fiscal year ending June 30, 2026. A significant portion of the meeting was dedicated to ratifying related party transactions, ensuring transparency and compliance.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ AGM held on October 28, 2025, in Faisalabad.
📝 Minutes of the Extra Ordinary General Meeting held on June 24, 2025, were approved.
💰 Annual Audited Financial Statements for the year ended June 30, 2025, were unanimously approved.
🧑‍💼 M/S Zahid Jamil & Co. re-appointed as Auditors for the year ending June 30, 2026.
🤝 Terms for the Auditors to be approved by the Chief Executive Officer.
🏢 Transactions with related parties during the year ended June 30, 2025, were ratified.
✍️ Majority of directors have interest in the related party transactions.
📜 Company authorized to enter into transactions with related parties in the normal course of business until June 30, 2026.
🧐 Board Audit Committee and Board of Directors to review and approve related party transactions.
🗓️ Related party transactions for the period ended June 30, 2026, to be presented at the next AGM.

🎯 Investment Thesis

I recommend a HOLD position. While the company demonstrates adherence to governance standards, the announcement lacks information on financial performance or strategic direction. The focus on related party transactions warrants caution. Without more detailed financial data, it’s difficult to make a strong buy or sell recommendation. I will maintain the current target price until Q3 results

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

+ More