We expect TSL’s long steel universe to post a PAT of ~PKR
1Bn, up ~56% due to the low base effect amid imposition of super tax during
4QFY22. However, on a sequential basis, PAT during 4QFY23 is expected to
decline significantly i.e. ~52%QoQ due to squeezed demand owing to inflationary
pressure coupled with lower rebar prices during the outgoing quarter.In addition, higher finance cost and the imposition of
increased super tax is expected to further dent the bottom line in 4Q ...
Universal Network Systems Limited (UNSL) is offering 6.85mn shares or 25% of post
issue capital to raise PKR 446 mn (USD 2.5mn) through getting listed on GEM (Growth
Enterprise Market) board of PSX It is the second listing on the board after Pak Agro
Packaging in the small business space. UNSL will be the first fully integrated ecommerce logistics company going for the listing.The offer price is fixed at PKR 65/share, with a premium of PKR 55/share to par value
of PKR 10/ sha ...
Universal Network System Limited (UNS) is an E-commerce
Logistics player offering after-sales-service to E-commerce retailers under the
brand of “Blue Ex”. Universal Network System Limited “UNS” announced its recent
offering of PKR 6.8mn ordinary shares which constitutes 25% of the total
post-IPO paid up capital of the company in PSX Gem Board.Full 6,857,000 shares will be offered to investors through
Gem Board from Nov17th till close on Nov 18th at fixed price of PKR 65/sh.A ...