Arif Habib Ltd shows remarkable recovery as its profit amounts to Rs71.2 million

31-Dec-18

31-Dec-17

% change

Operating revenue

 254,883,926

 291,387,960

-13%

Capital gain on sale of short term investments

 110,881,820

 111,931,561

-1%

Unrealized gain on re-measurement of investment property

 241,698,360

 344,580,000

-30%

Unrealized loss on re-measurement of investments

 (314,139,218)

 (639,472,756)

-51%

 293,324,888

 108,426,765

171%

Administrative and operating expenses

 (167,373,791)

 (145,997,139)

15%

Finance costs

 (72,736,689)

 (89,981,959)

-19%

Other operating income

 51,254,410

 91,875,895

-44%

Profit / (loss) before taxation

 104,468,818

 (35,676,438)

Taxation

 (33,244,420)

 (28,316,230)

17%

Profit / (loss) after taxation

 71.224.397

 (63,992,668)

Basic and diluted earnings / (loss) per share (Rs. per share)

 1

 (1)