Foreign investors’ profit repatriation soars 84.8 per cent in first quarter of FY25

ISLAMABAD: Foreign investors repatriated $393.4 million in profits and dividends during the first quarter of fiscal year 2025.

This figure shows a big 84.8 per cent rise compared to $212.93 million during the same period last year.

According to the State Bank of Pakistan (SBP), foreign firms sent home $370.45 million in profits from their direct investments in Pakistan, marking an impressive 90.1 per cent increase from the $194.88 million repatriated in the same quarter of the previous year.

Repatriation related to portfolio investments also increased, totalling $22.96 million, up by 27.2 per cent from $18.05 million in the first three months of the previous fiscal year.

However, monthly repatriation witnessed a different trend in September as foreign companies repatriated $118.7 million, a dip of 27.5 per cent as compared to the same month of last year.

The financial services sector experienced the biggest outflow during the quarter in review, with $88.24 million repatriated. In terms of countries, investors from the UK took home the biggest chunk, remitting $145.5 million, a massive jump from $15.58 million in the same period last year.

The United States was second with $56.12 million, compared to $11.78 million a year earlier.

The UAE repatriated $39.27 million, though this was a drop from the $68.71 million recorded in the same period last year. France followed, with $30.6 million sent abroad.

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