Karachi October 1 2024: TRG Pakistan reported loss of PKR 30.8 Billion in fiscal year 2024 compared to PKR 1.3 Billion in fiscal year 2023, according to company filing to the exchange.
The share price of the company dropped by PKR 3.98 or 7.53% in yesterday’s trading at the Pakistan Stock Exchange. The stock price is down 38.16% since the start of this year.
TRG reported a loss of PKR 35.9 billion in equity accounted investees, compared to PKR 1.4 billion booked last year. The company also reported a loss of PKR 1.4 billion from the effect of translation of net investment in foreign associates, compared to a profit of PKR 19.3 billion in the same quarter last year.
