Earnings Report: Golden Arrow Selected Stock Fund (PSX: GASF) today reported Financial Results for the Twelve months ended June 30, 2017

News Image

By MG News | September 20, 2017 at 03:35 PM GMT+05:00

0:00

Golden Arrow Selected Stock Fund announced Financial Results for the period ended June 30, 2017.

The company’s Total Income for the period increased by 333.11 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 425.21 percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 22% i.e. Rs 1.10/- per share. This is in addition to the interim dividend already paid at the rate of 66% i.e. Rs. 3.30/- 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 ‘000

Net Capital Gain on Sale of Investment

529,406

66,796

692.57%

Dividend Income

44,358

33,664

31.77%

Total Income

926,189

213,844

333.11%

Remuneration of Management Co.

41,806

33,425

25.07%

Sales Tax of Management Fee

5,435

5,428

0.13%

Fees and Subscription

481

473

1.69%

Total Expenses

87,779

54,212

61.92%

Net Income before Taxation

838,410

159,632

425.21%

Taxation

-

-

 

Net Income after Taxation

838,410

159,632

425.21%

EPS - Basic & diluted

5.51

1.05

424.76%

Company release on Earnings Report can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg