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NetSol’s profit drops 78.96% in H1 2024

Summary by mettisglobal.news
February 13, 2025 (MLN): NetSol Technologies Limited (PSX: NETSOL) reported a sharp decline of 78.96% in its net profit, with after-tax earnings falling to Rs169.51 million for the half-year ended December 31, 2024, compared to Rs805.66mn in the corresponding period last year. The decline in profit is primarily attributed to a 12.40% drop in revenue, which stood at Rs4.15 billion compared to Rs4.74bn in H1 2023. While the cost of revenue also de…
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NetSol’s profit drops 78.96% in H1 2024

February 13, 2025 (MLN): NetSol Technologies Limited (PSX: NETSOL) reported a sharp decline of 78.96% in its net profit, with after-tax earnings falling to Rs169.51 million for the half-year ended December 31, 2024, compared to Rs805.66mn in the corresponding period last year. The decline in profit is primarily attributed to a 12.40% drop in revenue, which stood at Rs4.15 billion compared to Rs4.74bn in H1 2023. While the cost of revenue also de…

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mettisglobal.news broke the news in on Thursday, February 13, 2025.
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