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Earnings Report: Atlas Asset Management Co. Ltd. today reported Financial Results for the Twelve months ended June 30, 2017

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Atlas Asset Management Co. Ltd. announced Financial Results for the period ended June 30, 2017.

The details of each Fund along with their Earnings are given below:

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 ‘000

Atlas Asset Management

       

Atlas Income Fund

Income

337,685,737

536,363,016

-37.04%

Expenses

124,440,680

91,690,996

35.72%

Net Income after Taxation

213,245,057

444,672,020

-52.04%

       

Atlas Money Market Fund

Income

87,167,351

95,260,547

-8.50%

Expenses

9,764,631

38,935,163

-74.92%

Net Income after Taxation

77,402,720

56,325,384

37.42%

       

Atlas Stock Market Fund

Income

1,556,056,427

317,093,215

390.73%

Expenses

160,197,337

114,902,612

39.42%

Net Income after Taxation

1,395,859,090

202,190,603

590.37%

       

Atlas Gold Fund

Income

1,521,072

31,966,649

-95.24%

Expenses

5,398,015

4,837,988

11.58%

Net Income after Taxation

6,919,087

27,128,661

-74.50%

       

Atlas Islamic Income fund

Income

47,077,987

29,511,854

59.52%

Expenses

9,132,360

4,610,502

98.08%

Net Income after Taxation

37,945,627

24,901,352

52.38%

       

Atlas Islamic Income Stock Fund

Income

622,614,955

124,562,903

399.84%

Expenses

60,460,757

44,513,541

35.83%

Net Income after Taxation

562,154,198

80,049,362

602.26%

       

Atlas Sovereign Liquid Fund

Income

30,134,904

19,557,682

54.08%

Expenses

8,661,419

6,776,271

27.82%

Net Income after Taxation

21,473,485

12,781,411

68.01%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-30T15:45:00+05:00