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.
