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Members of the delegation were thankful for all the support provided by PBIT for organizing their meetings with the potential business partners here in Lahore.
Speaking about his plans, Malik said "business and trade continues to be the focus of our bilateral relations and PBIT will be launching a series of activities in the coming days aimed at further expanding the scope of our business, trade and commerce relations, and to create opportunities for our business community to collaborate.
The firms with a market capitalisation of over ` 1,000 crore and a positive Pbit, EV and tangible capital employed were chosen.
2 PBIT is profit before interest and tax and excluding exceptional items.
Free cash flow is calculated as headline PBIT before equity income
A delegation of members of Pakistan International Business and Investment Council (PIBIC) led by the prime minister s special envoy for overseas investment, Javed Malik and Royal Energy Partners from UAE visited the PBIT and signed two MoUs with PBIT.
He said a few days ago PBIT brought in agreements worth over $600 million at the Punjab Investor Conference in Karachi.
Trading has shown consistent growth and PBIT for the year is
WPPGY announced 2005 reported revenues of 5,373m pounds, headline PBIT on a reported basis of 754.
After the presentations, a B2B (business to business) session was held and two MoUs were also signed between the PBIT and Shaanxi Provincial Department of Commerce China.
During their visit, the delegation met businessmen of the Punjab, government officials and Chief Minister Shahbaz Sharif as the first meeting was held at the PBIT where they were briefed about the investment climate in the province.
In addition to this she proposed that Thai BOI and PBIT may engage positively in different areas of mutual interest and sharing of information in order to explore investment opportunities in Thailand and Pakistan.
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