secwatch.observer — SEC 8-K summary
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Issuer:     NETSOL TECHNOLOGIES INC (NTWK)
CIK:        0001039280
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001493152-22-030187
Event type: earnings
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

NetSol Technologies Pakistan subsidiary Q1 revenue up 37% YoY; net profit flat
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- Subsidiary NetSol PK reported Q1 revenue of PKR 1,716M, up 37% from PKR 1,252M YoY.
- Gross profit rose to PKR 476M from PKR 363M, a 31% increase YoY.
- Net profit after tax was PKR 191M (PKR 2.17/diluted share), nearly flat vs PKR 193M (PKR 2.15) last year.
- These results are for the Pakistani subsidiary only and not representative of consolidated NetSol Technologies, Inc.
- Parent company NTWK has not yet reported its own fiscal Q1 results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039280/000149315222030187/0001493152-22-030187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039280/000149315222030187/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-030187

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