Arif Habib Corp. announced Financial Results for the period ended June 30, 2017.
The company’s Operating Revenue for the period increased by 30 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 87 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 30% i.e. Rs 3/- per share. The board issued no bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Year Ended
Key Financials
2017
2016
% Change
Amounts in PKR
Operating Revenue
1,938,154,115
1,491,082,102
29.98%
Operating & Admin Expenses
116,727,915
117,011,097
-0.24%
Other Income
388,814,752
3,078,009
12532.02%
Finance Cost
148,335,384
277,668,410
-46.58%
Other Charges
27,525,602
16,348,531
68.37%
Profit before Tax
2,381,003,666
1,568,346,119
51.82%
Tax
10,369,351
287,222,131
PAT
2,391,373,017
1,281,123,988
86.66%
EPS- Basic & diluted
5.27
2.82
86.88%
Company release on Earnings Report can be accessed here.
