The profit after tax of Arif Habib Corporation Limited has increased to Rs 1,629.180 million in the quarter ended September 30, 2011 as compared to Rs 509.308 million earned in the corresponding period in 2010. The board of directors of the company in its meeting held here on October 20, 2011 declared that the company's earning per share has increased to Rs 4.34 in the period under review against Rs 1.36 in the same period last year.
According to the financial results sent to Karachi Stock Exchange, the company's operating revenue increased to Rs 1,740.962 million in this quarter against Rs 587.488 million in the same quarter last year. The company's operating and administrative expenses reduced to Rs 20.206 million against Rs 36.179 million. The company's finance cost increased to Rs 61.352 million against Rs 34.615 million. The company's profit before taxation increased to Rs 1,659.404 million in this quarter against Rs 517.305 million in the same quarter last year.
Comments
Comments are closed for this article.