Earnings Report: Pakistan Stock Exchange (PSX: PSX) today reported Financial Results for the twelve months ended June 30, 2017
MG News | August 28, 2017 at 04:26 PM GMT+05:00
Pakistan Stock Exchange Ltd. announced Financial Results for the period ended June 30, 2017.
The exchange’s Revenue for the period decreased by 11.60 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 110 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 2% i.e. Rs 20/- per share. This is in addition to the interim dividend already paid at Rs. 0.10/- per share i.e. 1%. The board issued no bonus or right shares.
Comparison of Key Financials
| Unconsolidated Profit and Loss Account - For the Six Months Ended | |||
| Key Financials | Jan - June, 2017 | Jan - Jun, 2016 | % Change |
| Amounts in PKR ‘000 | |||
| Revenue | 1,063,854 | 1,203,410 | -11.60% |
| Listing Fee | 245,674 | 228,186 | 7.66% |
| Income from Exchange | 452,926 | 320,681 | 41.24% |
| Administrative Expenses | 1,122,079 | 1,039,874 | 7.91% |
| Financial and other charges | 444 | 144,103 | -99.69% |
| Operating Cost | 1,122,523 | 1,183,977 | -5.19% |
| Other income | (58,669) | 19,433 | -401.90% |
| Net Profit before Taxation | 318,872 | 257,266 | 23.95% |
| Taxation | 41,578 | 124,994 | -66.74% |
| NPAT | 277,294 | 132,272 | 109.64% |
Company release on Earnings Report can be accessed here.
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