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.
