Earnings Report: Pakistan Stock Exchange (PSX: PSX) today reported Financial Results for the twelve months ended June 30, 2017

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By MG News | August 28, 2017 at 04:26 PM GMT+05:00

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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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