Pakistan’s leading brokerage, JS Capital Markets, declared profit after tax of Rs196mn for the nine months ended Mar 2006, showing an impressive growth of 132% compared to Rs84mn during the corresponding period of last year. Earnings per share (EPS) for Jul-Mar FY06 arrive at Rs14.19 as against Rs6.11 previously.
Operating revenues of the company jumped by 125% and reached Rs331mn versus Rs147mn, a year earlier. The board meeting for JSCM’s nine months FY06 (Jul-Mar 2006) results was held on April 22, 2006.
JS Capital Market, with long term rating of AA- by PACRA, is a subsidiary of Jahangir Siddiqui & Company Limited. The company started its formal operations in September 2003. The principal activities of the company are share brokerage, money market and foreign exchange brokerage, equity research, advisory and consultancy services.
Other JS group companies in the financial sector include Jahangir Siddiqui and Company Limited (JSCL), Jahangir Siddiqui Investment Bank (JSIBL), ABAMCO, EFU Insurance and DCD-JS Factors.
