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Pakistan National Shipping Corporation (PNSC): Analyst Briefing Takeaways – By Foundation Research

  • By: Foundation Securities (Pvt.) Limited

  • - Published: Thursday, 24 November 2022
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan National Shipping Corporation (PNSC PA) held its Analyst briefing yesterday to discuss its financial/operational performance for FY22 and future outlook of the company. Following are the key takeaways of the briefing.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">PNSC is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and other related services. The company is also engaged in renting out its properties to tenants under lease arrangements. Currently, company is undertaking 3 main operations (1) Fleet maritime operations (including transportation of dry bulk cargo, liquid bulk cargo, NVOCC services and Slot charter Service), (2) real...

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