Arif Habib Ltd. announced Financial Results for the year ended June 30, 2017.
The company’s Operating Revenue for the period increased by 45 percent in the outgoing quarter, whereas the Profit after Taxation for the Period increased by 115 percent.
The board has recommended a cash dividend of Rs10/- per share, no bonus shares or right shares for the period.
Comparison of Key Financials
|
Financial Results – For the Quarter Ended April to June |
|||
|
Key Financials |
2017 |
2016 |
% Change |
|
Operating Revenue |
858,463,896 |
590,033,562 |
45% |
|
*Capital Gain/(Loss) on Sale of Investments – net |
895,224,653 |
(484,317) |
|
|
*(Loss)/ Gain on re-measurement of investments carried at fair value through profit or loss – net |
*(375,367,091) |
*162,331,170 |
|
|
Unrealized gain on re-measurement of Investment Property |
32,279,270 |
1,036,440 |
3014% |
|
Administrative and Operating Expenses |
386,334,866 |
267,868,170 |
44% |
|
Finance Cost |
138,484,513 |
165,947,720 |
-17% |
|
Other Charges |
7,537,741 |
9,364,679 |
-20% |
|
Other Income |
262,648,619 |
146,309,223 |
80% |
|
Profit Before Taxation |
1,140,892,227 |
456,045,599 |
150% |
|
Provision for Taxation |
260,356,779 |
46,548,848 |
459% |
|
Profit after Taxation |
880,535,448 |
409,496,751 |
115% |
|
Earnings per share – basic and diluted |
16.01 |
7.45 |
115% |
*Revisions from the company.
Amounts in PKR ‘000
The revised complete statements can be accessed here.
