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

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.
Posted on: 2017-09-07T14:40:00+05:00