Overseas investors repatriate $1.2bn in 6MFY25

By MG News | January 20, 2025 at 06:46 PM GMT+05:00
January 20, 2025 (MLN): Foreign investors' repatriation of profit and dividends rose 114% YoY in 6MFY25 to $1.21 billion compared to $567.72m worth of repatriation in the same period last year, the latest data issued by the central bank revealed.
The data further revealed that during the period, foreign companies repatriated $1.15bn worth of profit against the foreign direct investments (FDI) in various businesses compared to $521.39m in SPLY, marking an increase of around 121% YoY in 6MFY25.
The outflow as payment against portfolio investment stood at $63.76m, compared with $46.33m in 6MFY25, witnessing a growth of 38% YoY from 6MFY24.
Meanwhile, in December 2024 alone, foreign firms' repatriation of profits and dividends stood at $85.8m.
A country-wise break up of data on repatriation of profit released by SBP revealed that firms and individual investors in the United Kingdom dispatched the single largest profit of $423.7m during 6MFY25, compared to $71.9m repatriated in the same period prior fiscal year.
In December alone, payments to the United Kingdom stood at $15.8m.
The United States witnessed the repatriation of the second-highest profits as the country repatriated $158.38m abroad during 6MFY25, compared with $34.13m in 6MFY24.
Third in line was U.A.E which repatriated $144.89m from Pakistan, down as compared to the number during SPLY, when the country remitted $149.12m as profit income from Pakistan.
Next in line was China with a profit repatriation of $91m during the review period.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 133,186.33 72.44M |
-0.14% -183.81 |
ALLSHR | 83,010.37 257.09M |
-0.09% -70.78 |
KSE30 | 40,591.52 24.89M |
-0.28% -113.78 |
KMI30 | 192,126.31 31.38M |
-0.24% -454.36 |
KMIALLSHR | 55,824.26 149.07M |
-0.02% -11.45 |
BKTi | 36,179.05 4.00M |
-0.38% -138.13 |
OGTi | 28,485.20 2.11M |
-0.20% -57.75 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 108,390.00 | 108,880.00 107,680.00 |
-65.00 -0.06% |
BRENT CRUDE | 69.21 | 69.50 69.03 |
-0.37 -0.53% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
2.90 3.07% |
ROTTERDAM COAL MONTHLY | 106.00 | 106.75 106.00 |
0.25 0.24% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 67.53 | 67.97 67.40 |
-0.40 -0.59% |
SUGAR #11 WORLD | 16.25 | 16.46 16.07 |
-0.13 -0.79% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|