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HomeFinanceStock MarketMARI NE FY23 MEIN RS 56.2 BILLION KA HIGHEST-EVER PROFIT RECORD KIA

MARI NE FY23 MEIN RS 56.2 BILLION KA HIGHEST-EVER PROFIT RECORD KIA

MARI ne PKR15.8bilion (EPS: PKR119) ki earnings report ki jo kay 4QFY23, 4%/183% down/up, QoQ/YoY. Result kay saath PKR 58/sh ka final dividend bhi diya gaya hai. 

FY23 mein net sales 24%/71% QoQ/YoY se increase ho kar PKR 46.9 billion ho gai. Operating expenses 65%/96% QoQ/YoY se increase ho gaye. Tax rate SQLY kay 55.5% se kam ho kar kay 36.8% pe aa gaya.

MARI ki cumulative FY23 earnings PKR 56.2billion (EPS: PKR421) thi, jo kay 70%YoY bardh gai thi. 

Earnings mein 70% ka YoY growth PKR depreciation, gas production mein increase, higher finance income and associate kay loss mein reduction hone ki waja se hui.

Report by: Muhammad Noman – MN

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