Arif Habib Limited’s Financial Results

Karachi:  We have to inform you that the Board of Directors of our Company in its meeting held on Thursday 20 October 2011 at 05:00 p.m. at Arif Habib Centre, 23 – M.T. khan Road, Karachi has approved the unaudited accounts for the quarter ended on September 30, 2011.

  Quarter ended
   
September September
2011 2010
Rupees  
   
Operating revenue 20,800,312 19,725,809
Capital gain/ (Loss) on sa1e of investments – net 48,489,026  (1,258,291)
Gain/ (1oss) on re-measurement of investments carried    
at fair value through profit or loss – net 63,975,185  (441,276)
  ———– ———-
133,264,524 8,026,243  
Administrative and operating expenses  (24,324,138)  (25,688,861)
Finance cost  (30,541,133)  (12,187,880)
Other operating incomes 19,082,034 43,181,021
  ———– ———-
Profit before taxation 97,481,287 23,330,523
Taxation  (4,144,952)  (1,189,952)
  ———– ———-
Profit after taxation 93,336,335 22,140,571
  ———– ———-
Earnings per share – basic and diluted- restated 2.07 0.49
  ———– ———-

For more information, contact:
Zia ur Rahim Khan
Company Secretary
Arif Habib Limited
Arif Habib Centre,
23 M. T. Khan Road, Karachi 74000
Phone: (92-21) 32415213-15
Fax: 32429653

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