Pakistan National Shipping Corporation (PSX:PNSC)

PSX:PNSC Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating Revenue	34,046	41,286	47,496	23,833	12,240
Other Revenue	-	-	-	73.92	-
Revenue	34,046	41,286	47,496	23,907	12,240
Revenue Growth (YoY)	-17.54%	-13.08%	98.67%	95.32%	-11.33%
Cost of Revenue	26,422	27,365	27,507	19,674	9,910
Gross Profit	7,624	13,921	19,988	4,233	2,330
Selling, General & Admin	2,073	1,990	1,601	1,207	1,009
Other Operating Expenses	-18,160	-3,341	-5,488	-2,745	-263.91
Operating Expenses	-16,087	-1,211	-2,830	-632.86	458.93
Operating Income	23,711	15,132	22,818	4,866	1,871
Interest Expense	-430.4	-1,002	-1,400	-522.09	-549.62
Interest & Investment Income	-	6,848	2,539	591.72	417.37
Currency Exchange Gain (Loss)	-	-188.11	3,040	276.5	-43.19
Other Non Operating Income (Expenses)	-	1,400	1,308	740.56	177.34
EBT Excluding Unusual Items	23,281	22,190	28,304	5,952	1,873
Gain (Loss) on Sale of Investments	-	199.24	-3.23	-10.5	13.84
Gain (Loss) on Sale of Assets	-	32.71	3,340	108.4	67.15
Asset Writedown	-	234.76	127.85	224.93	323.49
Other Unusual Items	-	61.43	50.3	12.48	138.2
Pretax Income	23,281	22,758	31,877	6,297	2,442
Income Tax Expense	2,832	2,576	1,882	647.25	177.17
Earnings From Continuing Operations	20,449	20,182	29,994	5,650	2,265
Minority Interest in Earnings	-	-1.65	-1.03	-4.32	-1.25
Net Income	20,449	20,180	29,993	5,646	2,264
Net Income to Common	20,449	20,180	29,993	5,646	2,264
Net Income Growth	1.33%	-32.72%	431.27%	149.39%	-6.19%
Shares Outstanding (Basic)	198	198	198	198	198
Shares Outstanding (Diluted)	198	198	198	198	198
Shares Change (YoY)	-0.00%	-	-	-	-
EPS (Basic)	103.23	101.87	151.41	28.50	11.43
EPS (Diluted)	103.23	101.87	151.41	28.50	11.43
EPS Growth	1.33%	-32.72%	431.27%	149.39%	-6.19%
Free Cash Flow	9,413	13,381	10,061	6,074	2,449
Free Cash Flow Per Share	47.52	67.55	50.79	30.66	12.36
Dividend Per Share	33.000	23.333	13.333	3.333	2.000
Dividend Growth	41.43%	75.00%	300.00%	66.66%	33.33%
Gross Margin	22.39%	33.72%	42.09%	17.71%	19.03%
Operating Margin	69.64%	36.65%	48.04%	20.35%	15.29%
Profit Margin	60.06%	48.88%	63.15%	23.61%	18.50%
Free Cash Flow Margin	27.65%	32.41%	21.18%	25.41%	20.01%
EBITDA	28,005	17,168	25,159	6,703	3,518
EBITDA Margin	82.26%	41.58%	52.97%	28.04%	28.74%
D&A For EBITDA	4,294	2,036	2,341	1,837	1,647
EBIT	23,711	15,132	22,818	4,866	1,871
EBIT Margin	69.64%	36.65%	48.04%	20.35%	15.29%
Effective Tax Rate	12.16%	11.32%	5.91%	10.28%	7.25%
Revenue as Reported	37,637	46,363	54,597	27,783	12,789
Advertising Expenses	-	24.04	32.76	19.16	12.79

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.