Pakistan National Shipping : Financial Results for the Third Quarter Ended March 31, 2022.

IC

PAKISTAN NATIONAL SHIPPING CORPORATION

(ESTABLISHED UNDER ORDINANCE NO. XX OF 1979)

www.pnsc.com.pk

No.CAS/8927

25th April 2022

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi.

Subject:

Financial Results for the Third Quarter Ended 31St March 2022

Dear Sir,

We have to inform you that the Board of Directors of our Corporation in their meeting held on Monday, April 25, 2022 at 11:00 am at Karachi has approved the financial statements for the third Quarter ended March-31-2022.

The Financial results of the Corporation are attached.

The Third Quarterly report of the Corporation for the Period ended 315t March, 2022 will be transmitted through PUCARS separately within the specified time.

Yours Sincerely,

Muhammad Javid Company Secretary

CC: - Executive IR rector/HOD,

Offsite-II De artment,

Supervision Division,

Securi es & Exchange Commission of Pakistan, 63, 1i IC Building, Jinnah Avenue,

B e Area, Islamabad.

PNSC BUILDING, MOULVI TAMIZUDDIN KHAN ROAD. P.O. BOX NO. 5350, KARACHI-74000, PAKISTAN.

PHONES : 99203980-99 (20 LINES) FAX : 021-99203974 - 35636658

E-mail :communication@pnsc.com.pk

PAKISTAN NATIONAL SHIPPING CORPORATION FINANCIAL RESULTS

FOR THE QUARTER AND NINE MONTHS PERIOD ENDED MARCH, 2022 (UNAUDITED)

Quarter ended

Quarter ended

Nine Months period ended

March 31, 2022

March 31, 2021

March 31, 2022

(Rupees in '000)

Nine Months period ended March 31, 2021

REVENUE

EXPENDITURE GROSS PROFIT

Administrative expenses Impairment loss on financial assets Other expenses

Other income

OPERATING PROFIT Finance costs

PROFIT / (LOSS) BEFORE TAXATION Taxation

PROFIT / (LOSS) BEFORE TAXATIONEARNINGS / (LOSS) PER SHARE

,For Plkistan National Shipping Corporation

2,369,378

616,593

6,295,089

1,978,406

(1,980,630)

(545,320)

(5,368,087)

(1,573,734)

388,748

71,273

927,002

404,672

(116,345) (84,126) (45,612) 263,410

(46,775) (3,916) (106,620) 160,333

(326,537) (137,125)

(290,853) (24,205)

(171,095) (329,012)

17,327 406,075 (136,021) 270,054

(128.350)

(54,055)

74,295

3,022

611,134 (177,351) 749,651 (376,764) 372,887

534.239 43,897 448,569 (422,045)

26,524

(175,448)

(28,396)

(289,031) (72,728)

94,606

(82,451)

83,856 (46,204)

(Rupees)

0.72

(0.62)

0.63

(0.35)

PAKISTAN NATIONAL SHIPPING CORPORATION AND ITS SUBSIDIARY COMPANIES CONSOLIDATED FINANCIAL RESULTS

FOR THE QUARTER AND NINE MONTHS PERIOD ENDED MARCH, 2022 (UNAUDITED)REVENUE

EXPENDITURE GROSS PROFIT

Administrative expenses Impairment loss

Other expenses Other income

OPERATING PROFIT

Finance costs

PROFIT BEFORE TAXATION Taxation

PROFIT AFTER TAXATIONEARNINGS PER SHAREQuarter ended

Quarter ended

Nine Months period ended

March 31, 2022

March 31, 2021

March 31, 2022

Rupees in '000)

Nine Months period ended March 31, 2021

6,116,974

2,657,369

16,222,688

9.632,731

(4,602,835) 1,514,139

(2,250,074)

(12,325,171)

(7,388,157)

407,295

3,897,517

2,244,574

(261,413)

(243,027)

(809,966) (721,711)

(103,741)

(3,916)

(370,897) (24,205)

(46,895) 254,332

(126,698)

(175,087) (362,890)

173,123

(157,717)

(200,518)

634,262 (721,688)

654,062 (454,744)

1,356,422

206,777

3.175.829 (380,760) 2,795,069 (349,069) 2,446,000

1,789,830

(137,613)

(129,343)

(427,115)

1,218,809

77,434

1,362,715

(195,461)

(46,601)

(127,343)

1,023,348

30,833

1,235,372

-(Rupees)

7.75

0.23

18.52

9.35

.... --

For Pakistan National Shipping Corporation

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