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Pakistan-5th most populous country in the world
– its sheer size and demand growth trajectory to
underpin improving outlook

Positive 15% – 9MCY25 corporate earnings at PKR 1,397.9Bn; QoQ growth down 3%.

KSE-100 Index Price-Earnings Multiple: 7.86x. Dividend Yield: 6.02%. Inter-Bank Parity USD 1: 280.47

KSE-Index Average 5 Year Annual Return (USD Based) = 23%.

GDP growth expectation 3.25%-4.25% for FY26.