Dawood Equities : Transmission of Quarterly Report for the Period Ended September 30 2022

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DAWOOD EQUITIES LIMITED
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Quarterly Report	E
September 30, 2022	P

( Un-Audited )	O
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	2022

DAWOOD EQUITIES LIMITED
Contents	Page
Corporate Objective............................................................................................	2
Our Vision.......................................................................................................	2
Our Mission.....................................................................................................	2
Company information.........................................................................................	3
Directors' Report...............................................................................................	4
...............................................................................................	. 5
Condensed Interim Financial Position...........................................................	6
Condensed Interim Profit & Loss Account....................................................	7
Condensed Interim Statement of Comprehensive Income ............................	8
Condensed Interim Statement of Cash Flow..................................................	9
Condensed Interim Statement of Changes in Equity.....................................	10
Notes to The Financial Statement ................................................................	11

DAWOOD EQUITIES LIMITED

Our Vision

Our vision is to be leader of "Brokerage industry" in Pakistan with a passion to endeavor maximum business opportunities. We strive to deliver results and perform to the highest standards.

Our Mission

Our mission is to become a competitive, dynamic and growing brokerage house that provides cometitive services, identifies investment opportunities and developers research based data and information.

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DAWOOD EQUITIES LIMITED
Company Information
Board of Directors	Mr. Junaid Dada (Chairman) / (Independent Director)
	Abdul Aziz Habib (Chief Executive)
	Mr. Khalid Yousuf (Non executive Director)
	Mr. Areeb Shujaat (Non executive Director)
	Ms. Sobia Saif (Non executive Director)
	Syed Muhammad Abbas (Independent Director)
	Mr. Saifullah (Non executive Director)
Chief Financial officer & Company Secretary	Mr. Salman Yaqoob
Audit Committee	Syed Muhammad Abbas	Chairman
	Mr. Khalid Yousuf	Member
	Ms. Sobia Saif	Member
HR & R Committee	Syed Muhammad Abbas	Chairman
	Abdul Aziz Habib	(Chief Executive)
	Mr. Areeb Shujaat	Member
External Auditor	M. Yousuf Adil & Company (Chartered Accountants)
Internal Auditor	Reanda Haroon Zakaria & Company (Chartered Accountants)
Legal Advisor	Rauf & Ghaffar Law Associates
Bankers
Bank Al Habib Limited	Albaraka Bank (Pakistan) Limited
Habib Metropolitan Bank Limited	MCB Bank Limited
Bank Al Falah Limited	The Bank of Khyber
United Bank Limited	Bank Islami Pakistan Limited
Website	www.dawoodequities.com
Registered Head Office	17th Floor - Saima Trade Towers-A,
	I.I. Chindrigar Road, Karachi.

Phone No. 021-32271881-1883, Fax No. 021-32275086

PSX Registered Branch Office

PSX Branch-1

Room 409-410, 4th Floor, New Stock Exchange Building, Stock Exchange Road, Karachi. Phone No. 021-32418874, 32460744

Fax No. 021-32418873

PSX Branch-2

Room 806, 8th Floor, New Stock Exchange Building, Stock Exchange Road, Karachi.

Hyderabad Branch

Office No. 07, Mezzanine Floor, Auto Bhan Tower Auto, Auto Bhan Road, Latifabad No. 3, Hyderabad.

Tel: [phone]

Bantavangar Branch

Commercial Shop No. 2, Plot No. C-10,

Bantavanagar, Liquatabad, Karachi.

Contact no: 021-34920630.

Faisalabad Branch

5th Floor, State Life Building, Liaquat Road, Faisalabad.

PMEX Registered Branch Office

DHA Branch	Sheikhupura Branch
Office No. 103, First Floor, Plot No. 23-C,	Sheikhupura Bypass, Nzd,
26th Street, Badar Commercial DHA	Sultan Hospital Care 4 Plaza,
Phase V Ext., Karachi.	Sheikhupura.
Faisalabad Branch
5th Floor, State Life Building, Liaquat Road,
Faisalabad.
Share Registrar	F.D Registrar Services (Pvt) Ltd
	1705 17th Floor, Saima Trade Tower-A,
	I.I. Chundrigar Road, Karachi.
	Phone No. 021-35478192-93, 32271905
	Fax. [phone]

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DAWOOD EQUITIES LIMITED

DIRECTORS' REPORT TO THE MEMBERS

On the behalf of Board of Directors of Dawood Equities Limited (DEL), I am pleased to present herewith the unaudited financial statements for the first quarter ended September 30 2022.

FINANCIAL PERFORMANCE

This first quarter revenue stands at Rs. 18.4 million as compared to Rs.26.2 million in same quarter last year. Trading activity also reduced when compared to the previous quarter ending June 2022 and investors remained at bay amidst the uncertain geo-political and domestic conditions and macroeconomic pressures with weakening PKR resulted in reduced trading activities.

The Net Profit of the company arrived at Rs.0.94 million which translate to earning per share of Rs.0.03 in first quarter while breakup value of share arrive at Rs 10.18 per share..

The summary of Financial Results is as follows:

	September 30, 2022	September 30, 2021
	Rupees	Rupees
Gross Revenue	18,404,860	26,257,018
Net Revenue	10,893,555	17,711,796
Administrative Expenses	(10,542,557)	(8,034,984)
Profit / (Loss) after tax	946,052	5,001,994
Earnings per share basic and diluted	0.03	0.18

Junaid Dada	Abdul Aziz Habib
Chairman	Chief Executive Officer
Karachi: October 28, 2022

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