Financial results of Next Capital Limited for period ended March 31, 2016

Karachi, Next Capital Limited informed Pakistan Stock Exchange about recommendations made by the board of directors in the meeting held at Karachi on April 25, 2016.

The agenda of the meeting was discussion of profit and loss account for nine months period and quarter ended March 31, 2016 which portrayed a loss of Rs. 13,681,263 with loss per share 0.68 basic and diluted and a profit of Rs. 2,707,010 with earnings per share 0.14 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Next Capital Limited is a company incorporated in Pakistan as a public limited company on December 14, 2009. The foundations of the company are laid under the Companies Ordinance, 1984. The company is a member of the Karachi Stock Exchange Limited and a member of Pakistan Mercantile Exchange Limited. The company is principally engaged in the brokerage of shares, stocks, securities, commodities and other financial instruments and consultancy services. The company is engaged in trading in equity and debt securities on its own account through ready, spot and forward counters of the exchange. The shares of the company are quoted on Karachi Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi.

The symbol “NEXT” is being used by the stock exchange for the shares of Next Capital Limited.