Pervez Ahmed Consultancy Reports Financial Losses for Q1 2024

Business & Finance

Karachi, Pervez Ahmed Consultancy Services Limited released its condensed interim statement of profit or loss for the nine-month period ended March 31, 2024, indicating a continued operational loss. For the quarter ending March 31, 2024, the consultancy reported an operational loss of Rs. 328,376, compared to Rs. 368,016 in the same period last year. Administrative expenses also saw a slight decrease from Rs. 368,016 in the first quarter of 2023 to Rs. 328,376 in 2024.

The company's financial statement shows a significant loss after taxation of Rs. 1,244,527 for the three months ended March 31, 2024, an increase from a loss of Rs. 224,237 during the corresponding period in 2023. The earnings per share deteriorated, registering a loss of Rs. 0.007 per share compared to a loss of Rs. 0.001 per share in the previous year.