Overseas investors repatriate $1.2bn in 6MFY25
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 | 179,846.68 370.24M | -0.81% -1463.60 |
| ALLSHR | 108,777.96 842.70M | -0.57% -624.36 |
| KSE30 | 53,571.08 118.45M | -0.81% -434.78 |
| KMI30 | 253,007.72 126.35M | -1.06% -2717.47 |
| KMIALLSHR | 69,727.55 549.62M | -0.70% -488.73 |
| BKTi | 52,178.22 35.92M | -0.12% -62.01 |
| OGTi | 35,518.90 13.54M | -0.77% -274.36 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,740.00 | 64,610.00 63,260.00 | -380.00 -0.59% |
| BRENT CRUDE | 89.13 | 90.03 86.60 | 1.41 1.61% |
| RICHARDS BAY COAL MONTHLY | 105.50 | 0.00 0.00 | -4.00 -3.65% |
| ROTTERDAM COAL MONTHLY | 122.00 | 122.00 122.00 | 0.75 0.62% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 83.40 | 84.61 81.27 | 1.27 1.55% |
| SUGAR #11 WORLD | 16.74 | 16.75 16.33 | 0.27 1.64% |
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 |
|---|
Pakistan External Debt and Liabilities