NetSol announces results for first quarter

01 Nov, 2007

NetSol Technologies Limited, Pakistan (NetSol PK) a significant part of the division serving the Asia Pacific region (APAC) on behalf of NetSol Technologies Inc, here on Wednesday announced financial results for the first quarter of fiscal year 2007-08 ending September 30, 2007.
The company according to its First Quarter FY 2007-08 Financial results has announced Earnings Per Share (EPS) trends upward to Rs 4.38 per share. The company according to its announcement has achieved 110 percent increase in revenues over first quarter FY 2006-07.
Another good result by the company remains 171 percent increase in gross profit over first quarter FY 2006-07; 340 percent increase in net profit margin over first quarter of FY 2006-07 including dividend income from subsidiary. The company in its results has further announced 215 percent increase in net profit margin over first quarter of FY 2006-07 excluding dividend income from subsidiary.

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