KARACHI: The Pakistan Stock Exchange (PSX) has announced 15.76 percent growth in net profit for the three month period ended September 30, 2019.
According to financial result announced by the PSX, the profit after taxation of the stock market grew to Rs31.46 million for the quarter ended September 30, 2019 as compared with Rs27.178 million in the corresponding period of the last year.
The revenue of the stock market under the head of licensing fee increased to Rs99.82 million for the quarter as compared with Rs91.46 million in the corresponding quarter of the last year.
However, income from exchange operation fell to Rs78.2 million as compared with Rs91 million.
The total revenue grew nominally to Rs229.33 million as compared with Rs224.46 million in the last year.
However, operation cost fell to Rs272 million as against Rs289 million.
The profit before taxation of the stock exchange increased to Rs32.248 million for the quarter ended September 30, 2019 as compared with Rs28.46 million in the corresponding quarter of the last year.
