Systems Limited (SYS) ne 9MCY24 ka financial result announce kiya, jis me consolidated profit after tax (PAT) PKR 5,432 million (EPS: PKR 18.6) record hua, jo ke 9MCY23 ke PKR 7,146 million (EPS: PKR 24.5) se 24% kam hai. 3QCY24 mein SYS ka munafa PKR 2,188 million (EPS: PKR 7.5) raha, jo ke pichlay saal ke muqablay mein 18% zyada hai. 

3QCY24 mein company ne apna highest-ever topline, gross profit, aur operating profit record kiya, jo ke USD-based revenue mein 28% ka growth dikhata hai. Management ka kehna hai ke SYS ke total revenue ka 13% top client se aata hai, jab ke top 5 clients se 27%, top 10 clients se 36%, aur top 20 clients se 48% revenue generate hota hai. SYS ka revenue 93% USD-based hai, jab ke sirf 7% PKR mein hai, aur operating costs ka 60% PKR aur 40% foreign currency mein hai. PKR ki recent appreciation ne margins ko negative impact kiya, jo SYS ki initial assumptions ke against tha.

Company ne apni strategy ko update kiya hai, ab operational optimization par zyada focus hai taake currency fluctuations par reliance kam ho. 3QCY24 mein SYS ka gross margin 25% par tha, jo ke 2QCY24 ke 23% se behtar hai, jo ke unbillable projects ko monetize karne aur fixed costs ko stabilize karne se possible hua. SYS ne bade client contracts mein growth dekhi hai, khas taur par USD 3-5 million range mein.

2024 mein SYS ne 10 naye large enterprise clients onboard kiye aur 8 new channel partnerships banaye hain, jo ke organic growth aur service credibility ko mazid mazboot banati hain. Company ka active client base barh kar 251 ho gaya hai, jab ke pichlay saal 236 tha. SYS ka focus Saudi Arabia ke market mein growth par hai, jahan abhi iska market share kam hai. Company apni Pakistan operations ko bhi profit-making mein transform karne ka irada rakhti hai, jo ke pehle loss-making thi. Long-term mein SYS organic growth par zyada focus karna chahta hai taake sustainable aur steady expansion achieve kiya ja sake.