⚡ Flash Summary
OLP Financial Services Pakistan Limited held its 39th Annual General Meeting on October 24, 2025. The shareholders approved the audited financial statements for the year ended June 30, 2025. A final cash dividend of PKR 3.5 per share (35%) for the year ended June 30, 2024, was approved, in addition to the already paid interim dividend of PKR 2 per share (20%). KPMG Taseer Hadi & Co. were re-appointed as the external auditors for the year ending June 30, 2026.
📌 Key Takeaways
- ✅ AGM approved audited financial statements for the year ended June 30, 2025.
- 💰 Final cash dividend of PKR 3.5 per share (35%) approved for FY2024.
- 💵 Interim cash dividend of PKR 2 per share (20%) already paid.
- 🤝 Total dividend for FY2024 is PKR 5.5 per share (55%).
- 🏢 KPMG Taseer Hadi & Co. re-appointed as external auditors for FY2026.
- 🗓️ Next audit period will end on June 30, 2026.
- 👍 Board authorized to fix auditor remuneration.
- 📜 Resolutions passed in compliance with PSX regulations.
- 📅 AGM held on October 24, 2025.
- 🏦 OLP Financial Services Pakistan Limited (formerly ORIX Leasing Pakistan Limited) conducted the meeting.
- 📍 Meeting held in Karachi, Pakistan.
- ✔️ Nadeem Amir Ali, Company Secretary, certified the resolutions.
- 📊 Dividend payout indicates confidence in the company’s financial performance.
🎯 Investment Thesis
HOLD. The dividend payout is a positive sign, and the re-appointment of the auditor ensures continued financial oversight. The total dividend of PKR 5.5 is attractive, however a deeper dive into the financial results is required to see if the company is investable at the current share price. Until further data is available, a hold strategy is appropriate. Without access to the Audited Financial Statements, it is not possible to provide a price target. The time horizon is medium-term.
Disclaimer: AI-generated analysis. Not financial advice.