Profit repatriations on FDI fall by $63.9 million in August

News Image

By MG News | September 27, 2018 at 06:17 PM GMT+05:00

0:00

September 27, 2018 (MLN): Repatriation of profits earned on foreign direct investments brought into the country have fallen to $94.6 million during the second month of the current fiscal year, as investors send back home around $30 million less than the amount sent during prior month before, i.e. July 2018.

According to provisional figures released by the State Bank of Pakistan today, as compared to last year, i.e. August 2017, profit repatriation has plummeted by $63.9 million as investors had sent back home $158.1 million from profits on Foreign Direct Investments (FDI).

Repatriation from the Oil and Gas Exploration sector has been recorded as the largest source of repatriations on FDI this month, while during the previous month, Beverage sector had accounted for the largest repatriations.

The largest amount of repatriations during the previous month, were sent back to US, followed by UK, and Japan.

Apart from this, repatriation of dividends on foreign portfolio investments (FPI) brought into the country fell by almost 28% over the month before.

During August 2018, investors repatriated $9.1 million out of the total dividends earned from FPI, around $4 million less than the $12.6 million sent abroad in July. Repatriations on FPI have been falling consistently since the last five months starting April 2018.

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