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Karachi, The Board of Directors of MCB-Arif Habib Savings & Investments Limited, the management company of Pakistan Income Fund, met at the Head Office and approved the financial results of the fund for the year ended June 30, 2023.
The Pakistan Income Fund demonstrated robust performance, achieving notable income figures in various categories. The financial results are as follows:
INCOME
Investment Income: Rs. 44,765,000
Markup/Return on Investments: Rs. 121,868,000
Loss on Sale of Investments (Net): Rs. 18,571,000
Net Income for the Year Before Taxation: Rs. 484,555,000
Net Income for the Year After Taxation: Rs. 484,555,000
Other Comprehensive Income: Rs. 290,301,000
Total Comprehensive Income for the Year: Rs. 290,301,000
The financial results reflect a strong performance by the Pakistan Income Fund and demonstrate the expertise and prudent management of MCB-Arif Habib Savings & Investments Limited. As the fund continues to achieve impressive results, investors and stakeholders can anticipate sustained growth and returns in the future.
The post MCB-Arif Habib Savings & Investments Limited Approves Pakistan Income Fund’s Strong Financial Results for the Year Ended June 30, 2023 appeared first on Pakistan Company News.