May 23, 2017 1:05 PM ET

Consumer Finance

Company Overview of ORIX Leasing Pakistan Limited

Company Overview

ORIX Leasing Pakistan Limited, a leasing company, provides financial products and customized services in Pakistan. It operates in two segments, Finance Lease and Operating Lease. The company offers corporate leasing products, including lease financing options on medium and long terms basis for plant and machinery, vehicles, and office automation products; consumer auto lease; and commercial vehicle lease for small and medium enterprises, as well as for corporations. It also provides operating lease solutions, such as the renting of generators, agricultural equipment, vehicles, and communication equipment; and sells used rental equipment. In addition, the company offers micro finance products...

ORIX Building

Plot No. 16

Sector No. 24

Korangi Industrial Area

Karachi,  74900

Pakistan

Founded in 1986

475 Employees

Phone:

92 21 3514 4029

Fax:

92 21 3514 4002

Key Executives for ORIX Leasing Pakistan Limited

ORIX Leasing Pakistan Limited does not have any Key Executives recorded.

ORIX Leasing Pakistan Limited Key Developments

ORIX Leasing Pakistan Limited Approves Resignation of Shoaib Mir as Director

ORIX Leasing Pakistan Limited announced that the board of directors approved the resignation of Shoaib Mir as a director of the company.

ORIX Leasing Pakistan Limited Reports Unaudited Consolidated and Unconsolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2017

ORIX Leasing Pakistan Limited reported unaudited consolidated and unconsolidated earnings results for the third quarter and nine months ended March 31, 2017. For nine months, on consolidated basis, the company reported income from operations of PKR 3,951,103,079 compared to PKR 2,500,558,558 a year ago. Profit before tax was PKR 778,189,975 compared to PKR 627,872,446 a year ago. Profit from continuing operations for the period was PKR 615,613,414 or PKR 6.54 per basic and diluted share compared to PKR 485,168,214 or PKR 5.91 per basic and diluted share a year ago. Profit attributable to the equity shareholders of the holding company was PKR 536,732,908 or PKR 6.54 per basic and diluted share compared to PKR 473,429,904 or PKR 5.77 per basic and diluted share a year ago. For the quarter, on consolidated basis, the company reported income from operations of PKR 1,314,192,852 compared to PKR 821,765,946 a year ago. Profit before tax was PKR 284,369,235 compared to PKR 194,681,695 a year ago. Profit from continuing operations for the period was PKR 220,331,308 or PKR 2.39 per basic and diluted share compared to PKR 146,157,310 or PKR 1.78 per basic and diluted share a year ago. Profit attributable to the equity shareholders of the holding company was PKR 196,759,044 or PKR 2.39 per basic and diluted share compared to PKR 148,479,431 or PKR 1.81 per basic and diluted share a year ago. For nine months, on unconsolidated basis, the company reported income from operations of PKR 2,548,494,570 compared to PKR 2,500,558,558 a year ago. Profit before tax was PKR 704,288,027 compared to PKR 627,872,446 a year ago. Profit from continuing operations for the period was PKR 543,859,227 or PKR 6.63 per basic and diluted share compared to PKR 485,168,214 or PKR 5.91 per basic and diluted share a year ago. Net profit was PKR 543,859,227 or PKR 6.63 per basic and diluted share compared to PKR 473,429,904 or PKR 5.77 per basic and diluted share a year ago. For the quarter, on unconsolidated basis, the company reported income from operations of PKR 839,137,399 compared to PKR 821,765,946 a year ago. Profit before tax was PKR 257,948,551 compared to PKR 194,681,695 a year ago. Profit from continuing operations for the period was PKR 193,948,551 or PKR 2.36 per basic and diluted share compared to PKR 146,157,310 or PKR 1.78 per basic and diluted share a year ago. Net profit was PKR 193,948,551 or PKR 2.36 per basic and diluted share compared to PKR 148,479,431 or PKR 1.81 per basic and diluted share a year ago.

ORIX Leasing Pakistan Limited, Board Meeting, Apr 25, 2017

ORIX Leasing Pakistan Limited, Board Meeting, Apr 25, 2017, at 14:00 Pakistan Standard Time. Agenda: To consider unaudited consolidated and unconsolidated earnings results for the third quarter and nine months ended March 31, 2017; and to consider the resolution for the issue of right shares.

Similar Private Companies By Industry

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Asian Leasing Corporation Limited Middle East/Africa
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Nrsp Microfinance Bank Limited Middle East/Africa
BankIslami Modaraba Investment Limited Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 22, 2016
ORIX Modaraba
 

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