secwatch.observer — SEC 8-K summary
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Issuer:     NETSOL TECHNOLOGIES INC (NTWK)
CIK:        0001039280
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001493152-24-043054
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

NetSol Tech Pakistani sub Q1 net profit down 28% to PKR 197M; revenue declines 16%
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- NetSol Technologies Ltd (Pakistani sub) Q1 FY2025 revenue PKR 1,899M, down 16% from PKR 2,256M YoY.
- Gross profit fell to PKR 641M from PKR 901M; net profit PKR 197M (EPS PKR 2.21) vs PKR 272M (EPS PKR 3.09).
- Parent co states these figures are for the subsidiary only and not reflective of consolidated results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039280/000149315224043054/0001493152-24-043054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039280/000149315224043054/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-043054

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