PSX Limited’s profit soars to Rs79.6m in Jul-Sep

KARACHI: Profit of the Pakistan Stock Exchange (PSX) - the company that manages listing and trading affairs - increased 2.5 times to Rs79.62 million in the quarter ended September 30, on the back of increased revenue and share of profit from associates, according to a bourse filing on Tuesday.

The company had booked a profit of Rs32 million in the same quarter last year.



Earnings per share enhanced to Rs0.10 from Rs0.04.

Share price of the self-listed company closed unchanged at Rs19.50 with a volume of 168,500 shares. The revenue - earned on accounts of listing fee, income from exchange operations, mark-up income, rental income from investment property and others - rose 20% to Rs276.40 million from Rs229.94 million in the same quarter of last year. Operating cost, however, came higher than the revenue at Rs288.83 million.

Published in The Express Tribune, October 25^th, 2017.

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