Pakistan National Shipping Corporation (PSX:PNSC)

PSX:PNSC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating Revenue	33,857	34,046	41,286	47,496	23,833	12,240
Other Revenue	-	-	-	-	73.92	-
Revenue	33,857	34,046	41,286	47,496	23,907	12,240
Revenue Growth (YoY)	-14.68%	-17.54%	-13.08%	98.67%	95.32%	-11.33%
Cost of Revenue	27,064	26,173	27,365	27,507	19,674	9,910
Gross Profit	6,793	7,873	13,921	19,988	4,233	2,330
Selling, General & Admin	2,119	2,052	1,990	1,601	1,207	1,009
Other Operating Expenses	55.42	-951.78	-2,276	-5,488	-2,745	-263.91
Operating Expenses	228.3	-777.16	-147.01	-2,830	-632.86	458.93
Operating Income	6,564	8,650	14,068	22,818	4,866	1,871
Interest Expense	-292.9	-378.05	-1,002	-1,400	-522.09	-549.62
Interest & Investment Income	2,210	2,210	6,848	2,539	591.72	417.37
Currency Exchange Gain (Loss)	247.1	247.1	-188.11	3,040	276.5	-43.19
Other Non Operating Income (Expenses)	1,011	1,011	1,400	1,308	740.56	177.34
EBT Excluding Unusual Items	9,740	11,740	21,126	28,304	5,952	1,873
Gain (Loss) on Sale of Investments	5,128	5,128	199.24	-3.23	-10.5	13.84
Gain (Loss) on Sale of Assets	4,438	4,438	32.71	3,340	108.4	67.15
Asset Writedown	218.65	218.65	234.76	127.85	224.93	323.49
Other Unusual Items	313.46	313.46	61.43	50.3	12.48	138.2
Pretax Income	20,002	22,002	21,694	31,877	6,297	2,442
Income Tax Expense	1,472	1,553	1,512	1,882	647.25	177.17
Earnings From Continuing Operations	18,529	20,449	20,182	29,994	5,650	2,265
Minority Interest in Earnings	0.22	-1.27	-1.65	-1.03	-4.32	-1.25
Net Income	18,530	20,447	20,180	29,993	5,646	2,264
Net Income to Common	18,530	20,447	20,180	29,993	5,646	2,264
Net Income Growth	-5.17%	1.32%	-32.72%	431.27%	149.39%	-6.19%
Shares Outstanding (Basic)	198	198	198	198	198	198
Shares Outstanding (Diluted)	198	198	198	198	198	198
EPS (Basic)	93.53	103.22	101.87	151.41	28.50	11.43
EPS (Diluted)	93.53	103.22	101.87	151.41	28.50	11.43
EPS Growth	-5.20%	1.32%	-32.72%	431.27%	149.39%	-6.19%
Free Cash Flow	6,930	9,413	13,371	10,061	6,074	2,449
Free Cash Flow Per Share	34.98	47.52	67.50	50.79	30.66	12.36
Dividend Per Share	38.000	33.000	23.333	13.333	3.333	2.000
Dividend Growth	62.86%	41.43%	75.00%	300.00%	66.66%	33.33%
Gross Margin	20.06%	23.12%	33.72%	42.09%	17.71%	19.03%
Operating Margin	19.39%	25.41%	34.07%	48.04%	20.35%	15.29%
Profit Margin	54.73%	60.06%	48.88%	63.15%	23.61%	18.50%
Free Cash Flow Margin	20.47%	27.65%	32.39%	21.18%	25.41%	20.01%
EBITDA	8,821	10,979	16,104	25,159	6,703	3,518
EBITDA Margin	26.05%	32.25%	39.01%	52.97%	28.04%	28.74%
D&A For EBITDA	2,257	2,329	2,036	2,341	1,837	1,647
EBIT	6,564	8,650	14,068	22,818	4,866	1,871
EBIT Margin	19.39%	25.41%	34.07%	48.04%	20.35%	15.29%
Effective Tax Rate	7.36%	7.06%	6.97%	5.91%	10.28%	7.25%
Revenue as Reported	37,065	37,637	46,363	54,597	27,783	12,789
Advertising Expenses	-	14.83	24.04	32.76	19.16	12.79

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.