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Financial Reports


NETSOL Technologies Limited

Consolidated Financial Statements

Ratio Analysis

NETSOL Technologies Limited
June 30, 2023
1- Earnings Per Share
Rs. 14.63
2- Price to Earnings Ratio (P/E Ratio)
5.11
3- Breakup Value Per Share
Rs. 104.37
4- Dividend Payout Ratio
0

Symbol Assigned by Respective Stock Exchange

Equity shares of NETSOL Technologies Limited are listed & traded for dealing as Stock Symbol “NETSOL” on following Stock Exchange and Stock Exchange website links as follows:

1 – Pakistan Stock Exchange Limited
Web link: http://www.psx.com.pk

Dissemination of Annual Audited Accounts and Notice of Annual General Meeting

In compliance with section 223(6) of the Companies Act, 2017 and pursuant to the SECP SRO 389(I)/2023 dated March 21, 2023, the Company has electronically transmitted the Annual Report 2023 through Weblink, QR enabled code and through email to Members whose email addresses are available with the Company's Share Registrar, M/s Vision Consulting Limited. However, in cases, where email addresses are not available with the Company’s Share Registrar, printed copies of the notices of AGM along with the QR enabled code/Weblink to download the Annual Report 2023(containing the financial statements) have been dispatched.

Notwithstanding the above, the Company will provide hard copies of the Annual Report 2023, to any Member on their request, at their registered address, free of cost, within one (1) week of receiving such request. Further, Members are requested to kindly provide their valid email address (along with a copy of valid CNIC) to the Company's Share Registrar, M/s Vision Consulting Limited, if the Member holds shares in physical form or, to the Member’s respective Participant/Investor Account Services, if shares are held in book entry form.

For the convenience of shareholders, a Standard Request Form (for the provision of annual audited accounts) is enclosed and also download as under:

Standard Request Form

CNIC, IBAN for E-Dividend & Zakat

a). As per Section 242 of the Companies Act 2017, in case of a Public listed company, any dividend payable in cash shall only be remitted through electronic mode directly into the bank account designated by the entitled shareholders. Therefore, through this notice, all shareholders are requested to update their bank account No. (IBAN), CNIC & details in the Central Depository System through respective participants. In case of physical shares, to provide bank account (IBAN) details to our Share Registrar, M/s Vision Consulting Ltd. Please ensure an early update of your particulars to avoid any inconvenience in future. e-Dividend mandate form is enclosed in the annual report and also download as under. In case of non-submission, all future dividend warrants may by withheld.

b). Members are requested to submit declaration (CZ-50) as per Zakat & Ushr Ordinance 1980 for zakat exemption and to advise change in address, if any.

E-Dividend Mandate Letter

Six Year Summary of Financial Highlights

Six year Summary

Corporate Briefing Session

The presentation will be post/ publish prior to holding of next CBS.

Other Investor Information

Board of Directors

Mr. Naeem Ullah Ghauri – Chairman / Independent Director
Salim Ullah Ghauri – Chief Executive Officer
Mr. Zeshan Afzal – Independent Director
Vaseem Anvar – Independent Director
Hamna Ghauri – Non-Executive Director
Omer Shahab Ghauri – Executive Director
Anwaar Hussain – Independent Director

Chief Financial Officer

Boo-Ali Siddiqui

Company Secretary

Ms. Sehrish

Audit Committee

Anwaar Hussain – Chairman
Hamna Ghauri – Member
Vaseem Anvar – Member

Auditor

H.Y.K & Co.
Chartered Accountants
321-Upper Mall, Lahore.

Share Registrar

Vision Consulting Ltd,
5C, LDA Flats, Lawrence Road,
Lahore.
Phone: +92-42 36283096 & 36383097
Fax: +92-42-36312550

Legal Advisors

Corporate Law Associates
1st Floor Queen’s Centre
Shahra-e-Fatima Jinnah, Lahore