Symmetry Group Limited (PSX: SYM) have announced their consolidated financial results for the fiscal year June 30, 2023. The company posted Revenue figures of Rs. 459M, a 26% increase of year-on-year and a 50% increase in Gross Profit at Rs. 264M. Earnings per share increased from Rs. 0.36 to Rs. 0.81, driven by local and international growth in digital transformation and AI services. This performance demonstrates the company's ability to deliver value to customers and shareholders through continuous innovation, expansion of the product portfolio and a focus on customer satisfaction and retention. It has also leveraged its long-term strategy to invest in infrastructure, people, and partnerships.

Item 2023 2022 YoY Growth
Revenue (net)
459,459,011
363,287,155
26%

Gross Profit
264,173,506
175,996,483
50%

Operating Profit
171,955,085
97,706,347
76%

Profit Before Tax
184,537,300
96,315,416
91%

Profit for the Year
158,816,194
71,298,392
123%

Earnings Per Share
0.81
0.36
125%

The Annual General Meeting (AGM) will be in Karachi at 11:00 AM on November 23, 2023, About Symmetry Group. A leading technology and experiences company with expertise in digital strategy, consulting, transformation, interactive marketing, data science, digital commerce, mobility and retail/research, the company offers a complete suite of digital services to assist its clients at all stages of their digital journeys to ensure our partner's success, we focus on four core areas: transformation, interactive marketing, commerce, mobility.

Credit: Independent News Pakistan (INP)