PIA revenue increased by 43pc

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پاکستان عنوانات خبریں

پاکستان تازہ ترین خبریں,پاکستان عنوانات

In a remarkable exhibit of performance, PIA has announced its financial results for the year 2019, after approval of its board and submitted with SECP and

PIA earned revenue surged to Rs 148 billion for the year 2019 as compared to Rs 103.5 billion in 2018 showing a magnanimous growth of 43% in 2019 while the Operating Loss was significantly reduced by 76% in 2019 as compared to last year . The Loss before Interest & Taxation was also reduced by 59% as compared to 2018.

When current leadership of Air Marshal Arshad Malik joined in 2018-2019, the audits for two consecutive financial years 2017 & 2018 were pending. The management initiated action to complete audits for first 2017 and then of 2018 followed by their respective AGMS and now after completion of 2019 Audit, PIAs financial results are now up to date and within SECP stipulated guidelines.

The grounded fleet was made fly worthy again while managing a steady supply chain for the spares and another inventory for the maintenance and upkeep of the aircraft was also a hallmark of 2019 performance. Additionally, PIA serviced more than 19 billion of its loans also with 2019. Sharing his views of the completion and submission of financial results for the year 2019, CEO PIA, Air Marshal Arshad Malik appreciated PIA employees and their contribution towards these noteworthy results and especially appreciated the efforts of Finance team for completion of the financial audits for three years and in particular the audit results for the year 2019. He thanked Prime Minister of Pakistan Imran Khan and Minister for Aviation Ghulam Sarwar Khan for their support to PIA.

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

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پاکستان تازہ ترین خبریں, پاکستان عنوانات

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