LSE Ventures : Half yearly financial results for the period ended 31 December 2023

LSE VENTURES LIMITED

CONDENSED INTERIM UNCONSOLIDATED

STATEMENT OF PROFIT OR LOSS (UN-AUDITED)

FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2023

	Half year ended December	Quarter Ended December
	31,				31,
	2023		2022		2023			2022
	Rupees in thousands	Rupees in thousands
Revenue	112,015		59,375		53,190	31,542
Other Income	220		-		111	-
Operating Expenses
Administrative and general	(48,905)		(25,154)		(25,468)	(12,022)
expenses
Other operating	(1,479)		(8,781)		(1,479)	(8,765)
expenses
Operating Profit	61,852		25,440		26,355	19,520
Finance cost	(1)		(6)		(1)	0
Share of profit of associates
accounted
for using the equity method-net of	23,225		77,677		12,103	69,800
tax
Profit before Taxation	85,076		103,112		38,457	89,320
Taxation	(12,536)		-		(5,260)	-
Net Profit for the Period	72,539		103,112		33,196	89,320
Earnings per Share - Basic and
Diluted	0.40		0.62		0.18	0.50

LSE Ventures Limited

LSE Plaza | 19-Khayaban-e-Aiwan-e-Iqbal | Lahore - 54000 | Pakistan

Tel: [phone] | Email: [e-mail] | website: www.lse.com.pk