Financial Quarterly Performance: Gatis quarterly revenue declined by -2% on q-o-q basis and increased by 7% on y-o-y basis to Rs.4159mn. EBITDA increased by 8% and 17% on q-o-q and y-o-y basis respectively. PAT is up by 7% and 8% to Rs.150mn on q-o-q and y-o-y basis respectively, but net profit is down by -1% and -7% to Rs.113mn on q-o-q and y-o-y basis respectively. The express distribution and supply chain business, which forms the major source of revenue surged by 13% y-o-y basis.