LAHORE SCHOOL OF ECONOMICS

Netsol Pvt Ltd

Group Members:
Hasham Fayyaz
Zainab Jawad
Hashim Zafar Khan
Ahzam Javaid

Section: F

Programme: BBA IV Major in Finance and Minor in Maths and Data Analytics

Course: Strategic Management

Submitted to: Mr. Fareed Fareedy
Submission Date: 5th September 2022
Organizational overview
The company Netsol Technology Inc., also known as NTWK, offers software a
nd IT services to clients all over the world. 
A number of leading corporations around the world use Netsol's well-known car 
financing and leasing software. 
Mr. Hamza Ghauri, a Pakistani living in the United States, started Netsol 40 yea
rs ago. The company today employs more than 1700 people, the bulk of them ar
e Pakistanis. Netsol, the company's current CEO and chairman, has offices in 8 
nations worldwide, with its main office being in Calabasas, California.

In 1999, Netsol completed its first initial public offering (IPO), which was on th
e NASDAQ and Pakistan Stock Exchange. Netsol has consistently kept a close
eye on the requirements of the corporate sector around the world. With the
assistance of WRLD Launch NXt, they introduced COVID-Aware Smart
Workplace Platform to Assist Businesses in Returning to Work Safely during
the time of COVID.

Management
There are three primary members of the board of directors. The company's
founder, chairman, and CEO is Najeeb Ghauri. The chairman of the audit
committee and an independent director is Syed Kausar Kazmi. The independent
director and head of the pay committee is Mark Caton.

Financials
In addition to the Pakistan Stock Exchange, Nasdaq also lists Netsol. Netsol
had Rp 4,947,559,000 in total sales in 2021, and Rp 191,587,000 in profit after
taxes. In 2021, the earnings per share were Rp 2.13. The company's total sales
in 2020 were Rp 4,708,374,000, while its profit was Rp 244,840,000. Rp 2.73
were earned per share. In comparison to 2019 and 2018, the company's
profitability in 2020 and 2021 was lower. In 2019 there were Rp 5,381,196,000
in sales, up to Rp 4,284,800,000 in 2018. There were 1,243,484,000 and
1,065,970,000 rupees in profit after taxes, respectively. Both 13.86 and 11.89
rupees were earned per share. These financial data demonstrate the company's
successful performance in 2018 and 2019, and their business was significantly
impacted by covid. 
https://dps.psx.com.pk/company/NETSOL
netsoltech.com