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Karachi, Arif Habib Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on January 31, 2022.
The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended December 31, 2022 which portrayed a loss of Rs. 104,294,459 and Rs. 101,058,426 with loss per share 1.60 and 1.55 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Arif Habib Limited is a public listed company incorporated in Pakistan. It is a premier brokerage and financial services firm engaged in Equity Trading, Investment Banking, Money Market and Forex, Commodities Trading and Securities Research, and listed at Pakistan Stock Exchange.
Arif Habib Limited’s brokerage operations in Pakistan are assisting scores of Institutional, Corporate, and High Net Worth and Retail clients.
The principal activities of the Company are investments, share brokerage, inter-bank brokerage, Initial Public Offer (IPO) underwriting, advisory and consultancy services. The shares of the Company are quoted in Pakistan Stock Exchange, and the symbol “AHL” is used for the shares of the Company.
The total number of shares the company has issued are 59,400,000 where the Earnings Per Share in 2020 is 1.00 which was (0.95) in 2019. The Profit After Taxation has increased in 2020 and is 59,856,000 which was (62,461,000) in 2019.