PSX-listed companies record unprecedented earnings, dividends

PSX

The organizations indexed on the Pakistan Stock Exchange (PSX) recorded exceptional earnings in 2024, offering giant returns to shareholders, in step with the yearly studies document.

The document highlighted the terrific performance of PSX-indexed companies, which generated record-breaking sales and profits over the last yr. The general profits of those businesses reached an outstanding Rs1,700 billion in 2024, marking a 25% annual boom compared to the preceding yr.

The banking, fertilizer, and cement sectors emerged because the pinnacle performers, posting the highest growth in earnings. In terms of earnings distribution, indexed companies gave a dazzling Rs666 billion as dividends to shareholders, representing a 30% increase in profit payouts as compared to 2023.

The document also revealed that the after-tax income of the indexed companies in 2024 grew by 10%, bringing the full after-tax earnings to $5.8 billion. This robust performance underscores the resilience and increase of Pakistan’s corporate region amid tough global financial conditions.

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