HomeEquityCorporate Alert: Awwal Modaraba announces Financial Results; Income increases by 236 percent...

Corporate Alert: Awwal Modaraba announces Financial Results; Income increases by 236 percent YoY, PAT increases by 443 percent YoY; DPS 1.225/-, EPS 1.54/-

August 18, 2017

Awwal Modaraba Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Income for the period increased by 236 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 450 percent.

Final Cash Dividend for the year ended June 30, 2017 at Rs. 1.225 per certificate i.e. 12.25%

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Six Months Ended
Key Financials	Jan – June, 2017	Jan – Jun, 2016	% Change
	Amounts in PKR
Income	208,214,563	61,923,689	236%
Expenses	23,222,025	4,314,847	438%
Profit Before Taxation	154,397,866	28,442,847	443%
Taxation	–	–
PAT	154,397,866	28,442,847	443%
EPS – basic and diluted	1.54	0.28	450%