Octopus Digital : Financial Results for the Quarter Ended 31 March 2023

[phone] [phone] [e-mail]

The Avanceon Building,

19KM Main Multan Road,

Lahore 54660, Pakistan

31 May 2023

ODL/PSX/F/31052023

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road,

Karachi

Subject: Financial results for the 1st Quarter ended 31 March 2023.

Dear Sir,

We would like to inform you that the Board of Directors of our Company in their meeting held at Tuesday, 30 May 2023 at 04:00 P.M. at The Avanceon Building, 19-Km, Main Multan Road, Lahore / online, recommended the following: -

(i)	CASH DIVIDEND	NIL
(ii)	BONUS SHARES	NIL
(iii)	RIGHT SHARES	NIL
(iv)	ANY OTHER ENTITLEMENT/CORPORATE ACTION	NIL
(v)	ANY OTHER PRICE-SENSITIVE INFORMATION	NIL

The unaudited financial results of the company for the 1st Quarter ended 31 March 2023 are as per attachment.

The Quarterly Report of the Company for the period ended 31 March 2023 will be transmitted through PUCARS separately, within specified time.

Yours truly,

Ahsan Khalil | Company Secretary

OCTOPUS DIGITAL LIMITED

STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE FIRST QUARTER ENDED MARCH 31, 2023

Revenue from contracts with customers

Cost of revenue

Gross Profit / (Loss)

Administrative and selling expenses

Other income

Profit from operations

Finance costs

Profit before taxation

Taxation

Profit after taxation for the year

Combined earnings per share

Basic

Diluted

Chief Executive

Chief Financial Officer

First Quarter Ended

Mar 31, 2023

Mar 31, 2022

(Rupees in '000)

94,446159,321

(47,152)(48,882)

47,294110,439

(35,839)(19,094)

250,99120,627

215,1521,533

262,445111,972

(17)(17)

262,428111,955

(19,213)(7,132)

243,215104,823

1.780.77

1.780.77

Director