Lahore: The Board of Directors of Pervez Ahmed Consultancy Services Limited convened a meeting at the company's registered office in Lahore to disclose the financial outcomes for the period ending March 31, 2025. The company reported a profit after taxation of 6.97 million for the nine-month period, a significant improvement from a loss of 305,675 during the same period in 2024.
For the quarter ending March 31, 2025, the company incurred a loss after taxation of 2.06 million, compared to a loss of 1.24 million in the corresponding quarter in 2024. Earnings per share for the nine-month period were reported at 0.037, contrasting with a loss per share of 0.002 during the same period last year.
The company announced no cash dividends, bonus shares, or right shares for the period. Administrative and other charges for the nine-month period were listed at 1.31 million, rising from 1.06 million in the same period of the previous year.
The Board reported a change in the fair value of investments, with a gain of 337,819, contrasting with a loss of 99,300 in the previous year. For the quarter, there was a reported loss of 155,460 compared to a loss of 180,968 in the same quarter last year.
According to information available from the Pakistan Stock Exchange (PSX), the company’s share of profit from its associate was noted at 7.94 million for the nine-month period, a substantial increase from 852,119 in the previous year. However, the quarterly share of profit from the associate was a loss of 1.51 million compared to a loss of 735,183 in the corresponding quarter of the prior year.
The designated market category for Pervez Ahmed Consultancy Services Limited remains unchanged.