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Scan for outdated or missing drivers - takes under a minuteDriver Scan →Repair Windows errors before they cause bigger problemsFix Now →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Systems Limited said it crossed the PKR 100 billion market-capitalization mark on August 31, 2021. The company reported a share price of PKR 740.93 and a resulting market capitalization of PKR 102 billion that day. Those figures describe a historical equity-market valuation, not the company’s current value, revenue, or profit.
When did Systems Limited cross the PKR 100 billion mark?
Systems Limited’s announcement, published January 17, 2022, dates the milestone to August 31, 2021. It said the company became the first Pakistani information technology company to cross PKR 100 billion in market capitalization on that date. Read the company’s announcement.
What were the reported share price and market capitalization?
For August 31, 2021, Systems Limited reported a share price of PKR 740.93 and market capitalization of PKR 102 billion. The company’s announcement connects the share price with the stated valuation; the figures should be kept together with their date because share prices and market capitalization change over time.
What does the PKR 102 billion figure mean?
Market capitalization is an equity-market valuation: it reflects the market value assigned to a company’s shares, rather than how much the company earned or sold. So PKR 102 billion refers to Systems Limited’s reported valuation on August 31, 2021—not its revenue, profit, or a guaranteed measure of its underlying business value.
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Was Systems Limited the first Pakistani IT company to reach that value?
Systems Limited described itself as the first Pakistani IT company to cross the threshold in its announcement. Its 2023 annual report later restated that it was the first and only Pakistani IT company to do so, and a Pakistan Stock Exchange-hosted HY 2022 investor briefing also called it Pakistan’s first IT company to reach Rs. 100 billion in market capitalization. These are company and investor-briefing disclosures; they support attribution of the claim, rather than an independent historical audit of every Pakistani IT issuer. Systems Limited annual reports · PSX investor resources.
What does Systems Limited do?
The Pakistan Stock Exchange describes Systems Limited’s principal activities as software development, software trading, and business process outsourcing. The company’s 2023 annual report described operations in more than 16 countries. That provides business context, but the available disclosures do not establish that any one of these activities or its international reach caused the share-price milestone. Pakistan Stock Exchange company profile · Systems Limited annual reports.
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Is PKR 102 billion Systems Limited’s market value today?
No. PKR 102 billion is the figure the company reported for August 31, 2021. It should not be treated as a current market capitalization. For a present-day figure, check the latest Systems Limited listing data on the Pakistan Stock Exchange company profile and note the date of the quote; exchange-displayed data can differ from issuer-reported figures.
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