KARACHI: The National Flag Carrier, Pakistan National Shipping Corporation (PNSC), convened its 47th Annual General Meeting for the financial year 2024-25 on 28th October in Karachi.
Sultan A. Chawla, Chairman PNSC Board of Directors, chaired the meeting with all Executive Directors and other senior company officials.
The members of the Corporation approved the financial results for the year ended 30th June, 2025. According to results announced, the earnings per share of the PNSC (Group) is Rs 103.23 as against Rs 101.87 in the comparable period last year. PNSC has declared final cash dividend of Rs 23 per share (230pc). Earlier PNSC had announced interim dividend of Rs 10 per share (100%), making total cash dividend for the year, Rs 33 per share (330pc).
Cumulatively, the Group achieved a turnover of Rs 37.64 billion and profit after tax of Rs 20.45 billion as compared to turnover of Rs 46.36 billion and profit after tax Rs 20.18 billion last year. Current year profit included gain on short-term investment of Rs 7.29 billion. The members of the Corporation also approved re-appointed of auditors for the year ending June 30, 2026.
Copyright Business Recorder, 2025
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