First Al-Noor Modaraba announced Financial Results for the period ended June 30, 2017.
The company’s Total Income for the period increased by 68 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 2470.74%percent.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Year Ended
Key Financials
June, 2017
June, 2016
% Change
Amounts in PKR
Profit From Trading Activities
1,181,000
(3,216,428)
Income from Ijarah
16,786,648
18,311,151
-8.33%
Income From Investments
16,069,966
6,634,160
142.23%
Total Income
39,366,460
23,437,377
67.96%
Admin: & Operating Expenses
25,575,436
25,473,175
0.40%
Financial & other Charges
36,510
7,700
374.16%
Operating Profit
1,254,515
2,043,672
-38.61%
Other Income
5,163,160
2,573,672
100.61%
Profit before Taxation
3,028,310
117,799
2470.74%
Income Tax Expense
–
–
PAT
3,028,310
117,799
2470.74%
Earnings per certificate – basic
0.14
0.01
1300.00%
Company release on Earnings Report can be accessed here.
