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/-

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By MG News | August 18, 2017 at 03:35 PM GMT+05:00

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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%

 

Company release on Earnings Report can be accessed here.

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