Earnings Report /

Systems Ltd: 3Q21 result preview – Exchange gains & elevated topline will sustain high growth

  • SYS is expected to post 3QCY21 consolidated NPAT of PKR1.1bn (EPS: PKR7.96), up 103% yoy and 20% qoq

  • Revenue is expected to rise 55%yoy to PKR3.9bn, led by higher exports, addition of clients & employees simultaneously

  • SYS is likely to post other income of PKR285mn vs. PKR191mn in 2QCY21, mainly be led by exchange gains of PKR216mn in 3Q

Intermarket Securities
5 October 2021