Karachi: Blue-Ex Limited, formerly known as Universal Network Systems Limited, has announced that it will hold its Annual General Meeting on November 21, 2024. This announcement came alongside the disclosure of their financial performance for the year ended June 30, 2024.
The company's financial results reveal an operating profit of Rs. 113.68 million from consolidated operations for the year, which includes costs from courier and allied services amounting to Rs. 1.41 billion. According to information available from the Pakistan Stock Exchange (PSX), Blue-Ex Limited has shown a net profit for the year of Rs. 98.14 million, leading to an earnings per share value of Rs. 0.29.
From the unconsolidated financial statements, the company posted an operating profit of Rs. 79.99 million, with a net profit for the year amounting to Rs. 87.44 million, translating to an earnings per share of Rs. 0.27. This performance reflects a dynamic year, with Blue-Ex managing various operational challenges and achieving positive financial outcomes.
The Share Transfer Books of Blue-Ex Limited will be closed from November 14 to November 21, 2024, for the purpose of attending and voting at the AGM. The company has also announced that the Annual Report will be transmitted through PUCARS at least one day before the Annual General Meeting, ensuring transparency and accessibility for all shareholders.