Profit repatriation on FDI falls by 33% in the seven months of FY19

News Image

By MG News | February 27, 2019 at 05:55 PM GMT+05:00

0:00

February 27, 2019 (MLN): Repatriation of profits earned on foreign direct investments brought into the country, has fallen by over 33% year on year during the July-January FY19 period, as the investors sent home $776 million, as compared to $1.2 billion sent during the corresponding period of last year.

Meanwhile, repatriation on total foreign investments during the period stands at $917.9 million.

During the month of January alone, $147.2 million were repatriated on FDI in specific, while $158.4 million were repatriated on the whole foreign investment during the month.

Provisional figures released by the State Bank of Pakistan (SBP) reveal that repatriation from the Oil & Gas Exploration sector has been recorded as the largest source of repatriation on FDI during these last seven months i.e. July - January, a sum of $118 million.  

Following next in line is Food sector, which repatriated $82.7 million of FDI during the period.

For the month of January in particular, $47.6 million repatriation from profit on FDI was recorded for Oil & Gas Exploration sector, which is the largest amount for the month. The sector that follows next in line is Chemical with a repatriation of $ 42.9 million.

During the prior month (December 2018), the largest source of repatriation on FDI was the Financial Business sector with a repatriation of $17.5 million.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg