Habib Asset Management Ltd. announced Financial Results for the period ended June 30, 2017. The company released results for following of its Funds:
- First Habib Income Fund
- First Habib Cash Fund
- First Habib Stock Fund
- First Habib Islamic Stock Fund
- First Habib Islamic Income Fund
The details of each Fund along with their Earnings are given below:
- Comparison of Key Financials
|
Unconsolidated Profit and Loss Account – For the Year Ended |
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|
Key Financials |
2017 |
2016 |
% Change |
|
Amounts in PKR ‘000 |
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|
Habib Asset Management |
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|
First Habib Income Fund |
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|
Income |
92,227 |
153,491 |
-39.91% |
|
Expenses |
18,139 |
51,473 |
-64.76% |
|
Net Income after Taxation |
53,331 |
46,148 |
15.57% |
|
First Habib Cash Fund |
|||
|
Income |
18,648 |
16,602 |
12.32% |
|
Expenses |
5,236 |
8,562 |
-38.85% |
|
Net Income after Taxation |
37,017 |
3,088 |
1098.74% |
|
First Habib Stock Fund |
|||
|
Income |
74,141 |
85,335 |
-13.12% |
|
Expenses |
2,486 |
18,774 |
-86.76% |
|
Net Income after Taxation |
53,212 |
40,415 |
31.66% |
|
First Habib Islamic Stock Fund |
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|
Income |
12,762 |
7,983 |
59.86% |
|
Expenses |
3,700 |
5,137 |
-27.97% |
|
Net Income after Taxation |
20,225 |
2,245 |
800.89% |
|
First Habib Islamic Income Fund |
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|
Income |
4,063 |
||
|
Expenses |
1,702 |
||
|
Net Income after Taxation |
1,445 |
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- Company release on Earnings Report can be accessed here.
