OGDC receives Rs7.73bn third interest payment under circular debt settlement plan
OGDC has received its third instalment of Rs7.73 billion from Power Holding (Private) Limited under the government’s circular debt settlement plan, marking progress in clearing energy sector liabilities.
Engro Holdings Earnings Surge to Rs8.7bn in 2QCY25 on Energy and Fertilizer Gains
Engro Holdings Ltd. (ENGROH) is projected to post consolidated recurring earnings of Rs8.7 billion in 2QCY25, up 3.9x year-on-year, driven by gains in energy and fertilizer operations. Analysts maintain a BUY rating with a target price of Rs301, while expansion in telecom and steady LNG performance support long-term growth prospects.