Earnings Report: Arif Habib Corp (PSX: AHCL) today reported Financial Results for the Three and Six months ended June 30, 2017

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.

Posted on: 2017-09-15T16:01:00+05:00