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Reading: Companies listed on the PSX report historically high profits and dividends.
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Baner Club > Blog > Marketing > Companies listed on the PSX report historically high profits and dividends.
MarketingPakistan

Companies listed on the PSX report historically high profits and dividends.

Total income of companies reaches Rs1,700 billion in 2024, marking 25% annual increase from last year

Last updated: 2024/09/25 at 1:58 PM
Published September 25, 2024
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The yearly research report states that in 2024, the companies that are listed on the Pakistan Stock Exchange (PSX) generated earnings that were never seen before and provided significant returns to shareholders.

The study emphasized the outstanding performance of PSX-listed enterprises, which achieved record-breaking revenues and earnings over the last year. In 2024, these enterprises’ combined revenue of Rs1,700 billion represented a 25% yearly growth over the previous year.

The industries that did best and saw the biggest income growth were banking, fertilizer, and cement. Regarding profit sharing, listed firms distributed an incredible Rs666 billion in dividends to shareholders, a 30% rise in profit payments over 2023.

Additionally, the report showed that in 2024, the listed businesses’ after-tax profits increased.

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admin September 25, 2024 September 25, 2024
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