Earnings Report /
Pakistan

Pakistan OMCs: 2QFY21 preview – Expect sequentially lower profits

  • Pakistan OMC results for 2QFY21 are likely to be unexciting because of lack of inventory gains…

  • …even though sales of major products grew more than 20% qoq

  • We prefer PSO, which is also expected to outperform peers in terms of 2Q earnings growth

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
21 January 2021