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Pakistan Pharmaceuticals: 2QCY25 results shows divergent trend – By Insight Research

  • By: Insight Securities (Private) Limited

  • - Published: Thursday, 28 August 2025
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The 2QCY25 results for pharmaceutical sector have started to come in, reflecting a mixed performance, with some companies posting growth while others underperformed. The sector underwent a major shift last year when the government deregulated prices of non essential medicines. This policy change has driven a sharp rise in revenues and margins over the past four quarters, though the extent and timing of the impact varied across companies depending on their cost adjustments, seasonality, and product mix.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In 2QCY25, HALEON, HPL &amp; ABOT recorded topline growth of ~16%, 15% &amp; 10% QoQ, respectively. The increase is mainly attributable to better product av...

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