Economy: Corporate profitability in 2024 Earnings down 1%; Ex-E&Ps up 8% Dividend rise 27% in 2024 - By Topline Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">KSE-100 index companies posted earnings of Rs 1.62trn in 2024, down 1% YoY from Rs 1.64trn in
2023. In US dollar terms, profitability stood at US$5.8bn, down 1% YoY in 2024.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Excluding E&Ps, profitability improved by 8% YoY to Rs1.25trn in 2024.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The profitability of E&Ps declined by 24% YoY to Rs 364bn in 2024 due to a decline in oil prices and
a reduction in oil and gas production</span></li></ul>
