Habib Asset Management Ltd. announced Financial Results for the period ended June 30, 2017. The company released results for following of its Funds:
- First Habib Income Fund
- First Habib Cash Fund
- First Habib Stock Fund
- First Habib Islamic Stock Fund
- First Habib Islamic Income Fund
The details of each Fund along with their Earnings are given below:
- Comparison of Key Financials
| Unconsolidated Profit and Loss Account – For the Year Ended | |||
Key Financials | 2017 | 2016 | % Change |
Amounts in PKR ‘000 | |||
Habib Asset Management | |||
First Habib Income Fund | |||
Income | 92,227 | 153,491 | -39.91% |
Expenses | 18,139 | 51,473 | -64.76% |
Net Income after Taxation | 53,331 | 46,148 | 15.57% |
First Habib Cash Fund | |||
Income | 18,648 | 16,602 | 12.32% |
Expenses | 5,236 | 8,562 | -38.85% |
Net Income after Taxation | 37,017 | 3,088 | 1098.74% |
First Habib Stock Fund | |||
Income | 74,141 | 85,335 | -13.12% |
Expenses | 2,486 | 18,774 | -86.76% |
Net Income after Taxation | 53,212 | 40,415 | 31.66% |
First Habib Islamic Stock Fund | |||
Income | 12,762 | 7,983 | 59.86% |
Expenses | 3,700 | 5,137 | -27.97% |
Net Income after Taxation | 20,225 | 2,245 | 800.89% |
First Habib Islamic Income Fund | |||
Income | 4,063 | ||
Expenses | 1,702 | ||
Net Income after Taxation | 1,445 | ||
- Company release on Earnings Report can be accessed here.
