PCB reveals financial benefits from 2019-2020

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Lahore: The Pakistan Cricket Board (PCB) briefed its Board of Governors (BoG) about financial benefits during the years 2019-2020. 

According to the press release, the BoG in its 59th meeting approved the audited financial statements 2019-20, which included an after-tax-profit of PKR3.8billion. The PCB reserves now stand at PKR17.08billion as compared to PKR13.28billion in the 2018-19 financial year.

Separately, PCB Chief Executive Wasim Khan briefed the BoG that the board had exceeded the PKR24million projections by selling the 2020-21 domestic season inventory for PKR34million, a rise of PKR11.5million from the 2019-20 season. With discussions for title sponsorship of the Pakistan Cup One-Day Tournament underway, the PCB expects to touch the PKR40million-mark.

Read: PCB to buy advanced technology for betterment of pitches

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