trending Market Intelligence /marketintelligence/en/news-insights/trending/b71IX0Qa6s4WRAnvdSLdKA2 content esgSubNav
In This List

Amtex fiscal Q1 loss narrows YOY

Podcast

Street Talk | Episode 116: Early remediation, not Basel III endgame, the answer to avoid repeat of spring 2023 bank failures

Blog

Gauging the Impact of Rate Changes, Growth, and Foreign Fluctuations on the US Economy

Blog

The Rising Importance of Sustainability in Credit Risk

Podcast

Next in Tech | Episode 134: Observability and new operational models


Amtex fiscal Q1 loss narrows YOY

4910972 said its normalized net income for the fiscal first quarter ended Sept. 30 amounted to a loss of 30 Pakistani paisa per share, compared with a loss of 33 paisa per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 79.1 million rupees, compared with a loss of 85.2 million rupees in the prior-year period.

The normalized profit margin rose to negative 12.7% from negative 12.8% in the year-earlier period.

Total revenue fell 6.9% year over year to 621.0 million rupees from 667.2 million rupees, and total operating expenses fell 6.4% from the prior-year period to 706.3 million rupees from 754.3 million rupees.

Reported net income came to a loss of 129.8 million rupees, or a loss of 50 paisa per share, compared to a loss of 138.7 million rupees, or a loss of 53 paisa per share, in the year-earlier period.

s of Oct. 30, US$1 was equivalent to 105.51 Pakistani rupees.Amtex Ltd.

4910972 said its normalized net income for the fiscal first quarter ended Sept. 30 amounted to a loss of 30 Pakistani paisa per share, compared with a loss of 33 paisa per share in the prior-year period.