Listed pharma companies’ profits rise 11pc in 1QFY27
KARACHI: Pakistan’s listed pharmaceutical sector recorded profits of Rs11.6 billion in the first quarter of FY27, up 11 percent year-on-year (YoY) and 54 percent quarter-on-quarter (QoQ), mainly driven by higher sales and improved gross margins, according to...
KARACHI: Pakistan’s listed pharmaceutical sector recorded profits of Rs11.6 billion in the first quarter of FY27, up 11 percent year-on-year (YoY) and 54 percent quarter-on-quarter (QoQ), mainly driven by higher sales and improved gross margins, according to a report by Topline Research. Despite the earnings growth, the sector’s market capitalisation declined 24 percent YoY and 13 percent QoQ to Rs505.2 billion. The...