Last week, KSE-listed Indus Motors announced 57% jump in profits on record sales of Toyota Corolla cars. It was followed by Lucky Cement Ltd. (LUCK), Pakistan’s largest producer of the building material, announcing 71 percent surge in profits to a record as an increase in domestic sales offset a decline in exports. Pakistan Petroleum Limited (PPL), the country’s second largest oil and gas explorer, said its profits soared 30% to Rs40.9 billion in fiscal 2012.Strong earnings have also been reported by Unilever Foods and Bata shoes in the last few days.
Best Performing Market:
So far in 2012 Pakistan is the best per…