Karachi: Secure Logistics – Trax Group Limited has reported its unaudited financial results for the six-month period ending June 30, 2025, revealing a Very large or significant move in profit after tax, according to information available from the Pakistan Stock Exchange (PSX). The earnings per share have similarly experienced a Very large or significant move, indicating notable fluctuations in the company’s financial performance during this period.
The company recorded a revenue of 1.46 billion, compared to 1.24 billion in the same period last year. This change in revenue is classified as a Moderate move. The cost of services amounted to 654.77 million, showing a Minor move from the previous year’s 631.61 million. Consequently, the gross profit was reported at 802.09 million, a Big move from the previous 605.93 million.
Administrative expenses for the first half of 2025 stood at 549.96 million, reflecting a Very large or significant move compared to 145.72 million in the prior year. Operating profit was reported at 252.13 million, showing a Big move down from 460.21 million last year.
Finance costs for the period were noted at 39.84 million, indicating a Big move from the previous year’s 183.64 million. The company also reported other income of 220.48 million, showcasing a Very large or significant move from 9.42 million in the prior year.
Profit before levies and tax reached 434.47 million, a Big move from 283.86 million. After accounting for levies of 1.29 million, the profit before taxation was 433.17 million, a Big move from the previous year’s 283.86 million.
The company’s tax credits for the period were 5.42 million, compared to a tax expense of 56.48 million last year, resulting in a Very large or significant move in taxation. Consequently, the profit after tax for the six months stood at 438.59 million, a Very large or significant move from 227.38 million in the previous year.
Earnings per share for the period were calculated at 1.55, reflecting a Very large or significant move from 0.83 in the prior year. The share of profit attributable to equity holders of the holding company was 434.51 million, showing a Very large or significant move from 223.81 million. Non-controlling interests were attributed a share of 4.09 million, compared to 3.57 million last year, indicating a Minor move.
The financial results, as reported, highlight the company’s ability to navigate the fluctuating market conditions, underscored by the Very large or significant move in profits and earnings per share, despite facing increased administrative expenses and other financial challenges.