earnings
confidence high
sentiment neutral
materiality 0.40
NetSol Tech Ltd FY2021 revenue up to PKR 4,948M; net profit falls to PKR 192M
NETSOL TECHNOLOGIES INC
- Annual revenue PKR 4,948M, up from PKR 4,708M; gross profit PKR 1,800M vs PKR 1,566M.
- Net profit PKR 192M, down from PKR 245M; diluted EPS PKR 2.13 vs PKR 2.73.
- Profit decline due to PKR 120M forex loss and absence of PKR 218M dividend from subsidiary.
- Results are for majority-owned Pakistani subsidiary NetSol Technologies Ltd., not consolidated figures.