Earnings Report: PICIC Investment Fund (PSX: PIF) today reported Financial Results for the twelve months ended June 30, 2017

By MG News | August 28, 2017 at 11:40 AM GMT+05:00

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PICIC Investment Fund announced Financial Results for the period ended June 30, 2017.

The company’s Income for the period increased by 150 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 246 percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 @ Rs. 1.35 per certificate i.e. 13.5%. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Twelve Months Ended
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Income	976,728	391,130	149.72%
Operating Expenses	168,028	146,071	15.03%
Net Income from Operating Activities	808,700	245,059	230.00%
Net Income for the year before Taxation	848,003	245,059	246.04%
Taxation	-	-	-
NPAT	848,003	245,059	246.04%
Total Comprehensive Income for the year	1,198,645	207,892	476.57%
Earnings per Certificate	2.98	0.86	246.51%

Company release on Earnings Report can be accessed here.

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