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

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.

Posted on: 2017-08-28T11:40:00+05:00