+92 (42) 111 940 940 +92 (42) 3545 6957 support@octopusdtl.com
The Avanceon Building,
19KM Main Multan Road,
Lahore 54660, Pakistan
29 August 2024 | ODL/PSX/F/29082024 |
The General Manager.
Pakistan Stock Exchange Limited.
Stock Exchange Building, Stock Exchange Road,
Karachi.
Subject: Financial results for the 2nd Quarter / Half Year ended 30 June 2024 - Consolidated and Standalone.
Dear Sir,
We would like to inform you that the Board of Directors of our Company in their meeting held at Thursday, 29 August 2024 at 10:00 A.M. at The Avanceon Building, 19-Km, Main Multan Road, Lahore / online, recommended the following: -
(i) | CASH DIVIDEND | NIL |
(ii) | BONUS SHARES | NIL |
(iii) | RIGHT SHARES | NIL |
(iv) | ANY OTHER ENTITLEMENT/CORPORATE ACTION | NIL |
(v) | ANY OTHER PRICE-SENSITIVE INFORMATION | NIL |
The unaudited financial results of the company (consolidated and standalone) for the half year ended 30 June 2024 are as per attachment.
The Half Yearly Report of the Company for the period ended 30 June 2024 will be transmitted through PUCARS separately, within specified time.
Yours truly,
Ahsan Khalil | Company Secretary
cc:
Director/HOD,
Surveillance, Supervision and Enforcement Department, Securities and Exchange Commission of Pakistan
NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad.
OCTOPUS DIGITAL LIMITED
STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE HALF YEAR ENDED JUNE 30, 2024
Half Year Ended
For the Quarter Ended
Revenue
Cost of revenue
Gross Profit / (Loss)
Administrative and selling expenses
Other expenses
Other income
Profit from operations
Finance Cost
Profit before income, final and minimum tax differential
Final tax
Minimum tax differential
Profit before income tax
June 30, 2024
Rupees in '000
499,107
(253,013)
246,094
(192,733)
(39,351)
25,205
(206,879)
39,215
(1,440)
37,775
(1,294)
(4,680)
31,801
June 30, 2023
Rupees in '000
290,730
(142,246)
148,484
(131,850)
-
278,921
147,071
295,555
(34)
295,521
(2,219)
(2,064)
291,238
June 30, 2024
Rupees in '000
279,905
(152,907)
126,998
(123,464)
(39,342)
24,586
(138,220)
(11,222)
(1,440)
(12,662)
(911)
(1,691)
(15,264)
June 30, 2023
Rupees in '000
196,284
(95,094)
101,190
(96,011)
-
27,930
(68,081)
33,109
(17)
33,092
(926)
(737)
31,429
Taxation
Profit after taxation for the period
Earnings per share Basic & Diluted
Chief Executive
3,401(19,375)
35,202271,863
0.221.73
Chief Financial Officer
10,980(2,782)
(4,284)28,647
(0.03)0.18
Director
OCTOPUS DIGITAL LIMITED
CONSOLIDATED STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE HALF YEAR ENDED JUNE 30, 2024
Half Year Ended
For the Quarter Ended
Revenue
Cost of revenue
Gross Profit / (Loss)
Administrative and selling expenses
Other expenses
Other income
Profit from operations
Finance Cost
Profit before income, final and minimum tax differential
Final tax
Minimum tax differential
Profit before income tax
June 30, 2024
Rupees in '000
628,124
(286,485)
341,640
(225,922)
(30,690)
9,573
(247,038)
94,601
(1,628)
92,973
(1,294)
(4,680)
86,999
June 30, 2023
Rupees in '000
290,730
(142,246)
148,484
(131,850)
278,921
147,071
295,555
(34)
295,521
(2,219)
(2,064)
291,238
June 30, 2024
Rupees in '000
314,265
(177,136)
137,129
(155,736)
(30,392)
8,876
(177,252)
(40,123)
(1,553)
(41,676)
(1,294)
(4,680)
(47,650)
June 30, 2023
Rupees in '000
196,284
(95,094)
101,190
(96,011)
-
27,930
(68,081)
33,109
(17)
33,092
(926)
(737)
31,429
Taxation
3,401(19,375)
14,354(2,782)
Profit after taxation for the period | 90,400 | 271,863 | |
Earnings per share Basic & Diluted | 0.57 | 1.73 |
Chief Executive | Chief Financial Officer |
(33,296)28,647
0.210.18
Director