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Tuesday December 03, 2024

Symmetry Group profits soar 91pc

By News Desk
November 07, 2023
The logo of the Symmetry Group Limited. — Facebook/BroadcastRepublic
The logo of the Symmetry Group Limited. — Facebook/BroadcastRepublic

KARACHI: Symmetry Group Limited announced its consolidated financial results for the fiscal year ending June 30, 2023, showing growth across all key indicators.

The company's revenue increased by 26 percent to Rs459 million, while gross profit rose by 50 percent to Rs264 million. The group's operating profit surged by 76 percent to Rs171 million and the profit before tax soared by 91 percent to Rs184 million.

The company's earnings per share jumped by 125 percent to Rs0.81, compared to Rs0.36 in the previous year. The company announced its annual general meeting (AGM) scheduled for November 23, 2023.