Overseas investors repatriate $1.3 billion in 7MFY25
MG News | February 19, 2025 at 09:48 PM GMT+05:00
February 19, 2025 (MLN): Foreign investors ' repatriation of profit and dividends rose 89.76% YoY in 7MFY25 to $1.32 billion compared to $694.28m 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 $1.25bn worth of profit against the foreign direct investments (FDI) in various businesses compared to $639.22m in SPLY, marking an increase of around 96.08% YoY in 6MFY25.
The outflow as payment against portfolio investment stood at $64.07m, compared with $55.06m in 6MFY25, witnessing a growth of 16.38% YoY from 6MFY24.
Meanwhile, in January 2025 alone, repatriation of profits and dividends by foreign firms stood at $102.9m.
Sector-wise:
Sectorial representation of the data shows that the major sectors that witnessed the highest repatriation include the Food, Power , Financial Business, Oil & Gas Explorations and Tobacco & Cigarettes sectors.
Among these, the Food sector repatriated the highest profits of $262.96m in 7MFY25 to overseas.
The data further revealed that profit outflows from the Power sector clocked in at $182.82m.
Profits outflow from the Financial Business sector increased significantly to $164.57m in 6MFY25.
The payments made on total foreign investment under the Oil & Gas Explorations and Tobacco & Cigarettes sector stood at $108.62m and $97.14m respectively during the review period.
Country-wise:
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 $434.03m during 7MFY25, compared to $91.04m repatriated in the same period prior fiscal year.
To note, in the month of January alone, payments to the United Kingdom stood at $36.04m.
The United States witnessed the repatriation of the second-highest profits as the country repatriated $165.77m abroad during 7MFY25, compared with $43.48m in 7MFY24.
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 $177.5m as profit income from Pakistan.
Next in line was China with a profit repatriation of $93.72m during the review period.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 178,989.32 169.83M | 0.04% 66.56 |
| ALLSHR | 108,030.53 584.24M | 0.17% 180.26 |
| KSE30 | 53,337.52 102.87M | 0.05% 28.57 |
| KMI30 | 255,384.07 94.88M | 0.07% 190.90 |
| KMIALLSHR | 70,096.61 298.32M | 0.20% 140.80 |
| BKTi | 48,844.19 22.57M | 0.01% 4.26 |
| OGTi | 36,629.03 12.65M | 0.49% 178.98 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,140.00 | 64,825.00 62,315.00 | 1195.00 1.90% |
| BRENT CRUDE | 79.18 | 82.30 78.58 | -1.39 -1.73% |
| RICHARDS BAY COAL MONTHLY | 115.00 | 0.00 0.00 | 0.00 0.00% |
| ROTTERDAM COAL MONTHLY | 125.50 | 0.00 0.00 | -0.65 -0.52% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 75.30 | 78.14 74.90 | -0.55 -0.73% |
| SUGAR #11 WORLD | 14.10 | 14.23 14.09 | -0.03 -0.21% |
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 |
|---|