Pakistan Cricket Board announced its financial results for the fiscal year ended 2019-2020.
The BoG approved the audited financial statements 2019-20, which included an after-tax-profit of Rs. 3.8 billion. The PCB reserves now stand at Rs. 17.08 billion as compared to Rs. 13.28 billion in the 2018-19 financial year, showing an improvement of 28.61%.
The PCB’s audited financial statements 2019-20 will be posted on the corporate website in due course.
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Separately, PCB Chief Executive, Wasim Khan, briefed the BoG that the board had exceeded the Rs. 24 million projections by selling the 2020-21 domestic season inventory for Rs. 34 million, a rise of Rs. 11.5 million from the 2019-20 season.
With discussions for title sponsorship of the Pakistan Cup One-Day Tournament underway, the PCB expects to touch the Rs. 40 million-mark.
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