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Pakistan National Shipping Corporation Limited (Pakistan)

Main Activities: Deep Sea, Coastal, and Great Lakes Water Transportation | Support Activities for Water Transportation
Full name: Pakistan National Shipping Corporation Limited Profile Updated: April 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The national flag carrier of Pakistan, trading under the name of Pakistan National Shipping Corporation (PNSC) is engaged in transportation of dry bulk and liquid cargoes globally. Our Management offices are located in Karachi, Pakistan and we are listed on the Karachi Stock Exchange since 1980.
PNSC is an autonomous corporation, which functions under the overall control of the Ministry of Ports and Shipping, Government of Pakistan. It manages a fleet of 11 ships, real estate and a repair workshop.
Our fleet is a mix of double hull Aframax tankers, Panmax bulk carriers, Supramax, Handymax and Handysize bulk carriers, all of modern vintage, having a total carrying capacity of over 646 thousand tonnes of deadweight. We transport all type of cargoes on several geographical routes covering almost entire world.
Our Handymax and Handysize dry bulk carriers carry iron and steel products, fertilizers, minerals, forest products, ores, bauxite, alumina, cement and other construction materials. Our Panamax dry bulk carriers carry coal and iron ore for energy and steel production as well as grain for feedstocks.
Our vessels contribute to worldwide sea borne trade in a multitude of trade routes and carry wide range of cargoes for a number of traders and chartereres of international repute. Our vessels are being operated by highly qualified and competent professionals.
We are focused on maximizing shareholder value by maximizing returns on our investments and it is our endeavour to best serve the interests of stakeholders while at the same time ensuring our vessels adhere to the highest safety and environmental standards.

Headquarters
Pnsc Building, Moulvi Tamizuddin Khan Road, P.O.Box No. 5350
Karachi; Sindh; Postal Code: 74000

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Website: http://www.pnsc.com.pk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
February 01, 2010
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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87.56%
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7.48%
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0.94%
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0.54%
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0.3%
Subsidiaries
National Ship Management And C
Pakistan Co-Operative Ship Stores (Private) Limited
Pakistan Marine And Shipping
Company Performance
Financial values in the chart are available after Pakistan National Shipping Corporation Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net sales revenue
-18.08%
Total operating revenue
-21.4%
Operating profit (EBIT)
-37.66%
EBITDA
-33.71%
Net Profit (Loss) for the Period
-20.81%
Total assets
34.53%
Total equity
46.33%
Operating Profit Margin (ROS)
-11.27%
Net Profit Margin
-1.37%
Return on Equity (ROE)
-10.24%
Debt to Equity Ratio
-11.03%
Quick Ratio
1.29%
Cash Ratio
0.22%

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