National Investment Trust Limited Releases Audited Income Statements for Multiple Funds in Fiscal Year 2023

Karachi, In a significant financial disclosure, National Investment Trust Limited (NIT) has published the audited income statements for several of its investment funds for the fiscal year ending June 30, 2023. The income statements shed light on the financial performance of various NIT funds, including the NIT Pakistan Gateway Exchange Traded Fund (NIT-PGETF) and the NIT Pakistan Gateway Exchange Traded Fund's comprehensive income statement for the same period.

Key Highlights:

NIT Pakistan Gateway Exchange Traded Fund (NIT-PGETF):

Net income for the year after taxation: 3,541,000 PKR

Total comprehensive income (loss) for the year: 3,541,000 PKR (compared to a loss of 5,389,000 PKR in the previous year)

The income statement for NIT-PGETF highlights a substantial improvement in its financial performance, with a net income of 3,541,000 PKR, marking a positive shift from the previous year's loss. The comprehensive income statement also reflects this positive trend, indicating the fund's resilience and growth.

This release by National Investment Trust Limited provides valuable insights into the financial health and performance of various investment funds, offering investors and stakeholders transparency regarding their investments. The attached notes further enhance the understanding of these financial statements, making it an essential resource for those interested in the company's financial activities.

Investors and financial analysts will closely examine these reports to make informed decisions and assess the performance of the mentioned funds. National Investment Trust Limited continues to demonstrate its commitment to financial transparency and accountability, further strengthening its position in the investment industry.