Arif Habib Corp Co. operating revenue for the period increased by 73.11%, amounting to a total of 938 million Rupees during the Quarter ended September, 30th 2017
Company’s other income for the period decreased by 55%
Company incurred a 134% increase in Finance Costs to a total of 239 million
The Profit after tax for the period decreased 17% reaching 610 against last year’s nine month profits of Rs. 733 million
The company’s basic earnings per share reached rupees 1.32 against 1.41 rupees in 2016
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR
Operating Revenue
938,299,522
542,014,612
73.11%
Operating and administrative expenses
313,444,661
101,733,404
208.10%
Other income
20,037,872
44,844,333
-55.32%
Finance cost
239,768,435
102,240,455
134.51%
Other charges
–
49,055,245
Profit before tax
872,986,242
895,554,821
-2.52%
Taxation
262,716,835
161,763,961
62.41%
Profit after tax
610,269,407
733,790,860
-16.83%
EPS – Basic & diluted
1.32
1.41
-6.38%
Company release on Earnings Report can be accessed here.