Karachi: In a recent board meeting held on Tuesday, October 28, 2025, Trust Securities & Brokerage Limited announced the approval of its unaudited financial statements for the first quarter ended September 30, 2025. The meeting, which took place in Karachi, highlighted the company’s financial performance amidst a backdrop of no declared dividends, bonus shares, or other corporate actions.
According to the financial results, Trust Securities & Brokerage Limited reported total assets of 1.15 billion rupees, up from 883.62 million rupees in the previous quarter, marking a notable increase in its asset base. Shareholders’ equity rose to 402.17 million rupees from 382.34 million rupees, reflecting an increase in accumulated profit, which stood at 102.17 million rupees at the end of the first quarter.
The company’s operating revenue saw a significant jump to 105.87 million rupees from 42.64 million rupees during the same period last year, indicating a very large or significant move. This increase was complemented by a gain on the sale of short-term investments and a reduction in finance costs. However, operating and administrative expenses also rose to 91.66 million rupees from 55.24 million rupees, reflecting increased operational activity.
The financial statement revealed a profit before taxation of 26.51 million rupees, a stark contrast to the loss of 11.70 million rupees reported in the previous year. After accounting for taxation expenses of 6.69 million rupees, the profit after tax stood at 19.82 million rupees. This resulted in earnings per share of 0.66 rupees, compared to a loss per share of 0.23 rupees in the previous year.
According to information available from the Pakistan Stock Exchange (PSX), the company’s current liabilities saw a significant increase to 734.33 million rupees from 490.16 million rupees, with trade and other payables constituting the bulk of this category at 644.99 million rupees. Short-term borrowings also increased to 78.32 million rupees from 46.86 million rupees.
The cash flow from operating activities reported a net generation of 34.27 million rupees, despite substantial changes in working capital, including increased trade debts and receivables against margin finance. The company also noted a net cash inflow from investing activities amounting to 6.85 million rupees, primarily due to interest income received and the disposal of investments.
Trust Securities & Brokerage Limited’s first quarterly report will be submitted through the Pakistan Unified Corporate Action Reporting System (PUCARS) in due course, ensuring compliance with regulatory requirements and transparency for all stakeholders involved.