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

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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