AKD Securities Limited Equity Research – Off the Analyst’s Desk

Karachi, April 26, 2017 (PPI-OT): GWLC: 3QFY17 Result Review

In line with our expectation, GWLC posted NPAT of PkR589mn (EPS: PkR1.47) in3QFY17 vs. NPAT of PkR560mn (EPS: PkR1.40) in 3QFY16, up 5%YoY. On a cumulative basis, 9MFY17 earnings increased by …