AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Lahore: Systems Limited (SYS) revealed its financial results for the third quarter of the calendar year 2025, showcasing a notable 28% increase in profit after tax compared to the same period last year. The company achieved a profit of PkR2.8 billion, with earnings per share rising to PkR1.9 from PkR1.5 in the previous year.
The company’s revenue soared by 20% year-on-year, reaching PkR20.7 billion, driven by strong performances in the MENA, Pakistan, and Europe regions, which saw growth rates of 21%, 41%, and 14%, respectively.
Gross margins reached a 12-quarter high of 29.7%, a significant improvement from the previous year’s 25.2%. This increase was largely due to enhanced margins in North America, MENA, and Pakistan, which recorded figures of 36.8%, 29.5%, and 15.9%, respectively.
Finance costs decreased by 18% year-on-year to PkR80 million, attributed to reduced borrowings and lower interest rates. However, other income fell to a negative PkR117 million, primarily due to a loss on foreign currency assets amid a slight appreciation of the domestic currency.
The effective tax rate for the quarter was 11.3%, up from 9.9% in the same period last year.
Analysts from AKD Securities Limited indicate that the company’s growth is supported by increased global IT spending, improved gross margins, and a strong presence in the MENA region.