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DAWOOD EQUITIES LIMITED | |||||
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Quarterly Report | E | ||||
September 30, 2022 | P |
( Un-Audited ) | O |
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2022 |
DAWOOD EQUITIES LIMITED | |
Contents | Page |
Corporate Objective............................................................................................ | 2 |
Our Vision....................................................................................................... | 2 |
Our Mission..................................................................................................... | 2 |
Company information......................................................................................... | 3 |
Directors' Report............................................................................................... | 4 |
............................................................................................... | . 5 |
Condensed Interim Financial Position........................................................... | 6 |
Condensed Interim Profit & Loss Account.................................................... | 7 |
Condensed Interim Statement of Comprehensive Income ............................ | 8 |
Condensed Interim Statement of Cash Flow.................................................. | 9 |
Condensed Interim Statement of Changes in Equity..................................... | 10 |
Notes to The Financial Statement ................................................................ | 11 |
DAWOOD EQUITIES LIMITED
Our Vision
Our vision is to be leader of "Brokerage industry" in Pakistan with a passion to endeavor maximum business opportunities. We strive to deliver results and perform to the highest standards.
Our Mission
Our mission is to become a competitive, dynamic and growing brokerage house that provides cometitive services, identifies investment opportunities and developers research based data and information.
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DAWOOD EQUITIES LIMITED | ||
Company Information | ||
Board of Directors | Mr. Junaid Dada (Chairman) / (Independent Director) | |
Abdul Aziz Habib (Chief Executive) | ||
Mr. Khalid Yousuf (Non executive Director) | ||
Mr. Areeb Shujaat (Non executive Director) | ||
Ms. Sobia Saif (Non executive Director) | ||
Syed Muhammad Abbas (Independent Director) | ||
Mr. Saifullah (Non executive Director) | ||
Chief Financial officer & Company Secretary | Mr. Salman Yaqoob | |
Audit Committee | Syed Muhammad Abbas | Chairman |
Mr. Khalid Yousuf | Member | |
Ms. Sobia Saif | Member | |
HR & R Committee | Syed Muhammad Abbas | Chairman |
Abdul Aziz Habib | (Chief Executive) | |
Mr. Areeb Shujaat | Member | |
External Auditor | M. Yousuf Adil & Company (Chartered Accountants) | |
Internal Auditor | Reanda Haroon Zakaria & Company (Chartered Accountants) | |
Legal Advisor | Rauf & Ghaffar Law Associates | |
Bankers | ||
Bank Al Habib Limited | Albaraka Bank (Pakistan) Limited | |
Habib Metropolitan Bank Limited | MCB Bank Limited | |
Bank Al Falah Limited | The Bank of Khyber | |
United Bank Limited | Bank Islami Pakistan Limited | |
Website | www.dawoodequities.com | |
Registered Head Office | 17th Floor - Saima Trade Towers-A, | |
I.I. Chindrigar Road, Karachi. |
Phone No. 021-32271881-1883, Fax No. 021-32275086
PSX Registered Branch Office
PSX Branch-1
Room 409-410, 4th Floor, New Stock Exchange Building, Stock Exchange Road, Karachi. Phone No. 021-32418874, 32460744
Fax No. 021-32418873
PSX Branch-2
Room 806, 8th Floor, New Stock Exchange Building, Stock Exchange Road, Karachi.
Hyderabad Branch
Office No. 07, Mezzanine Floor, Auto Bhan Tower Auto, Auto Bhan Road, Latifabad No. 3, Hyderabad.
Tel: +92-22-3411027
Bantavangar Branch
Commercial Shop No. 2, Plot No. C-10,
Bantavanagar, Liquatabad, Karachi.
Contact no: 021-34920630.
Faisalabad Branch
5th Floor, State Life Building, Liaquat Road, Faisalabad.
PMEX Registered Branch Office
DHA Branch | Sheikhupura Branch |
Office No. 103, First Floor, Plot No. 23-C, | Sheikhupura Bypass, Nzd, |
26th Street, Badar Commercial DHA | Sultan Hospital Care 4 Plaza, |
Phase V Ext., Karachi. | Sheikhupura. |
Faisalabad Branch | |
5th Floor, State Life Building, Liaquat Road, | |
Faisalabad. | |
Share Registrar | F.D Registrar Services (Pvt) Ltd |
1705 17th Floor, Saima Trade Tower-A, | |
I.I. Chundrigar Road, Karachi. | |
Phone No. 021-35478192-93, 32271905 | |
Fax. 021-32621233 |
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DAWOOD EQUITIES LIMITED
DIRECTORS' REPORT TO THE MEMBERS
On the behalf of Board of Directors of Dawood Equities Limited (DEL), I am pleased to present herewith the unaudited financial statements for the first quarter ended September 30 2022.
FINANCIAL PERFORMANCE
This first quarter revenue stands at Rs. 18.4 million as compared to Rs.26.2 million in same quarter last year. Trading activity also reduced when compared to the previous quarter ending June 2022 and investors remained at bay amidst the uncertain geo-political and domestic conditions and macroeconomic pressures with weakening PKR resulted in reduced trading activities.
The Net Profit of the company arrived at Rs.0.94 million which translate to earning per share of Rs.0.03 in first quarter while breakup value of share arrive at Rs 10.18 per share..
The summary of Financial Results is as follows:
September 30, 2022 | September 30, 2021 | |
Rupees | Rupees | |
Gross Revenue | 18,404,860 | 26,257,018 |
Net Revenue | 10,893,555 | 17,711,796 |
Administrative Expenses | (10,542,557) | (8,034,984) |
Profit / (Loss) after tax | 946,052 | 5,001,994 |
Earnings per share basic and diluted | 0.03 | 0.18 |
Junaid Dada | Abdul Aziz Habib |
Chairman | Chief Executive Officer |
Karachi: October 28, 2022 |
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Dawood Equities Ltd. published this content on 28 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2022 10:29:02 UTC.