First Al-Noor Modaraba announced Financial Results for the period ended June 30, 2017.
The company’s Total Income for the period increased by 68 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 2470.74%percent.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Year Ended |
|||
Key Financials |
June, 2017 |
June, 2016 |
% Change |
Amounts in PKR |
|||
Profit From Trading Activities |
1,181,000 |
(3,216,428) |
|
Income from Ijarah |
16,786,648 |
18,311,151 |
-8.33% |
Income From Investments |
16,069,966 |
6,634,160 |
142.23% |
Total Income |
39,366,460 |
23,437,377 |
67.96% |
Admin: & Operating Expenses |
25,575,436 |
25,473,175 |
0.40% |
Financial & other Charges |
36,510 |
7,700 |
374.16% |
Operating Profit |
1,254,515 |
2,043,672 |
-38.61% |
Other Income |
5,163,160 |
2,573,672 |
100.61% |
Profit before Taxation |
3,028,310 |
117,799 |
2470.74% |
Income Tax Expense |
– |
– |
|
PAT |
3,028,310 |
117,799 |
2470.74% |
Earnings per certificate – basic |
0.14 |
0.01 |
1300.00% |
Company release on Earnings Report can be accessed here.