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7% growth: SECP registered 490 new companies in Feb  

byCT Report
17/03/2016
in Business
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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 490 new companies in February with an increase of seven per cent.

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Around 89 percent companies have been registered as private limited co, while around seven per cent were registered as single member companies. About four per cent of the companies were registered as public unlisted, non-profit associations and foreign cos.

The trading sector took the lead with the incorporation of 68 companies, followed by services with 63, construction with 50, IT with 47, tourism with 39, power generation with 24, communication, food and beverages, fuel and energy, real estate development with 14 each, education with 13, corporate agricultural farming with 12, textile with 11, engineering, pharmaceutical and transport with 10 each, paper and board with 9 and 68 companies registered in other sectors.

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