Karachi, Pakistan – The Pakistan Stock Exchange (PSX) has reported a remarkable profit of Rs 1.03 billion for the fiscal year 2024, marking a significant increase of 368% compared to Rs 219 million in the previous year.
The exchange’s earnings per share (EPS) rose to Rs 1.28, up from Re 0.27 last year. In a show of confidence, the PSX also declared a cash dividend of Re 1 per share.
Revenue from listing fees, exchange operations, interest, and rental income climbed to Rs 2.12 billion, a 45% increase from Rs 1.46 billion. While administrative expenses rose to Rs 2 billion (up 27% from Rs 1.57 billion), the PSX managed to achieve an operating profit of Rs 112.6 million, reversing a loss of Rs 110 million from the previous year.
Profit before tax soared to Rs 1.1 billion, reflecting a 345% increase from Rs 249.5 million. This strong performance highlights the PSX’s critical role in Pakistan’s financial markets and its commitment to enhancing shareholder value.
As the PSX continues to grow, it remains dedicated to fostering economic stability and development in the region.
