PSX reports 15.7% rise in net profits on the back of higher markup income

10:12
October 23, 2019
MG

October 23, 2019 (MLN): Pakistan Stock Exchange (PSX) ‘s net profits for the Quarter ended September 2019 has increased by 15.7% YoY from Rs 27 million in the same quarter last year to Rs 31.4 million.

The rise in profitability largely came on the back of a 9% increase in income generated from the listing fee and a 49% rise in markup income during the period.

On the other hand, a parallel decline in the company’s rental income by 24.8%, income earned from foreign exchange operations by 14% and profits from associated firms by 17.7%, put a limit to the bottom-line growth.

Moreover, the earning per share of the company locked in at Rs 0.04 per share, exhibiting a growth of 33% YoY.

Profit and Loss Account for the Quarter ended September 30, 2019 ('000 Rupees)
	Sep-19	Sep-18	% Change
Revenue
Listing fee	99,823	91,460	9.14%
Income from exchange operations	78,200	91,099	-14.16%
Mark-up/interest income	39,953	26,795	49.11%
Rental income from investment property	11,357	15,109	-24.83%
	229,333	224,463	2.17%
Operating cost
Administrative expenses	(272,474)	(289,032)	-5.73%
Other charges	(13)	(21)	-38.10%
	(272,487)	(289,053)	-5.73%
Operating loss	(43,154)	(64,590)	-33.19%
Other income	496	1,953	-74.60%
Share of profit from associates	74,906	91,101	-17.78%
Net profit before taxation	32,248	28,464	13.29%
Taxation	(785)	(1,286)	-38.96%
Net profit after taxation	31,463	27,178	15.77%
Basic and diluted earnings per share (Rupees)	0.04	0.03	33.33%

Copyright Mettis Link News

Posted on: 2019-10-23T15:12:00+05:00

30705

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.20000	278.40000	278.40000	278.20000	01:03 PM
2	EUR	1.06514	1.06520	1.06520	1.06514	02:26 PM
3	GBP	1.23750	1.23757	1.23757	1.23750	02:26 PM
4	CHF	0.91010	0.91018	0.91018	0.91010	02:26 PM
5	JPY	154.61400	154.62000	154.62000	154.61400	02:26 PM
6	CAD	1.37521	1.37527	1.37527	1.37521	02:26 PM
7	AUD	0.64190	0.64194	0.64194	0.64190	02:26 PM
8	INR	83.39260	83.39720	83.39720	83.39260	02:25 PM
9	SAR	3.75120	3.75140	3.75140	3.75120	11:26 PM
10	AED	3.67210	3.67310	3.67310	3.67210	11:20 PM
11	HKD	7.83350	7.83390	7.83390	7.83350	02:26 PM
12	CNH	7.25047	7.25070	7.25070	7.25047	02:26 PM
13	CNY	7.24030	7.24040	7.24040	7.24030	07:10 PM
14	THB	36.82000	36.84000	36.84000	36.82000	02:25 PM
15	MYR	4.78150	4.78650	4.78650	4.78150	12:29 PM
16	IDR	16,212.30000	16,218.60000	16,218.60000	16,212.30000	02:26 PM
17	SGD	1.36156	1.36167	1.36167	1.36156	02:26 PM
18	NZD	0.58884	0.58890	0.58890	0.58884	02:26 PM
19	MXN	17.12130	17.12630	17.12630	17.12130	02:26 PM
20	TRY	32.58090	32.59090	32.59090	32.58090	02:26 PM
21	SEK	10.93320	10.93590	10.93594	10.93323	02:26 PM
22	ZAR	19.06440	19.09090	19.09090	19.06440	02:26 PM
23	NOK	11.02330	11.03030	11.03033	11.02327	02:26 PM
24	DKK	7.00401	7.00462	7.00462	7.00401	02:26 PM
25	ARS	871.25700	871.26700	871.26730	871.25730	02:26 PM
26	BDT	108.06500	111.44600	111.44612	108.06470	07:19 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	08:32 PM
28	BRL	5.18530	5.18830	5.18830	5.18530	02:26 PM
29	KRW	1,377.37000	1,378.45000	1,378.45000	1,377.37000	02:26 PM
30	KWD	0.30803	0.30863	0.30863	0.30803	11:25 PM
31	LKR	298.75800	305.33300	305.33326	298.75827	07:19 AM
32	OMR	0.38498	0.38515	0.38515	0.38498	06:50 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	11:26 PM
34	RUB	93.20000	94.60000	94.60000	93.20000	12:48 PM
35	AFN	71.00000	73.00000	73.00000	71.00000	11:05 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:27 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	12:29 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	12:35 PM
39	UZS	12,670.00000	12,740.00000	12,740.00000	12,670.00000	01:07 PM
40	PHP	57.46000	57.50300	57.50300	57.46000	02:25 PM
42	NGN	1,149.00000	1,153.00000	1,153.00000	1,149.00000	12:36 PM
43	KES	133.00000	134.00000	134.00000	133.00000	12:10 PM
44	AMD	392.60000	392.60000	392.60000	392.60000	07:55 AM
45	TWD	32.54180	32.57180	32.57180	32.54180	02:26 PM
46	XAU	2,395.20000	2,395.47000	2,395.47000	2,395.20000	02:25 PM
47	XAG	28.74020	28.75180	28.75180	28.74020	02:25 PM
48	XPT	931.20900	936.52100	936.52140	931.20860	11:26 PM
49	XPD	1,011.89000	1,019.72000	1,019.71690	1,011.89310	11:26 PM
2,120	VES	36.25120	36.34210	36.34210	36.25125	12:29 PM
2,212	UGX	3,768.41000	3,852.95000	3,852.94560	3,768.40998	07:19 AM
2,213	TZS	2,591.49000	2,591.51000	2,591.51500	2,591.48500	11:41 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,968.98	70,909.904	70,186.93	619.785	0.882	214,724,945.0	13,651,927,649.760	19/04/2024 05:13 PM
ALLSHR	46,573.62	46,547.234	46,105.96	339.379	0.735	475,634,499.0	23,214,193,723.360	19/04/2024 05:13 PM
KSE30	23,393.38	23,376.569	23,058.97	282.759	1.224	116,554,680.0	11,831,374,214.290	19/04/2024 05:13 PM
KMI30	118,779.97	118,572.725	117,247.45	1,218.125	1.038	148,956,005.0	11,119,881,421.450	19/04/2024 05:13 PM
KMIALLSHR	33,051.27	33,022.390	32,695.54	298.524	0.912	317,804,569.0	19,951,289,708.390	19/04/2024 05:13 PM
BKTi	17,861.34	17,826.912	17,489.40	244.864	1.393	16,782,769.0	1,601,100,031.210	19/04/2024 05:13 PM
OGTi	16,766.60	16,652.098	16,435.08	192.159	1.167	13,610,174.0	1,842,349,761.040	19/04/2024 05:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,500.0	65,640.0	59,635.0	840.00
BRENT CRUDE	EB	87.5	90.8	86.2	0.35
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-6.15
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.4	85.6	81.1	0.32
SUGAR #11 WORLD	SB	19.6	19.8	19.3	0.03

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