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Wednesday, January 27th, 2021

First Habib Modaraba’s profit and loss account for half year ended December 31, 2011 (Unaudited)

Be First!

Karachi: We wish to inform you that the Board of Directors of the Management Company in their meeting held art Friday, 27th January 2012 at 11:30 a.m. at 5th Floor, HBZ Plaza, I. I. Chundrigar Road, Karachi recommended the following:

 

(I) Cash Dividend           Nil
(II) Bonus Shares           Nil
(III) Right Shares          Nil

 

Half year ended

Quarter ended

December 31,

December 31,

December 31,

December 31,

2011

2010

2011

2010

Rupees

Income from Ijarah (leasing)173,584,639171,348,28090,986,16484,752,774
Profit on Diminishing Musharaka financing21,367,1885,446,86612,012,6292,944,839
———–———–———–———-
194,952,027176,795,146102,998,79387,697,613
Administrative Expenses(32,947,975)(35,937,437)(15,145,461)(14,995,359)
———–———–———–———-
162,004,052140,857,70987,853,33272,702,264
Other income34,052,65925,348,75616,627,49613,207,235
Other operating charges(3,461,546)(3,650,058)(2,639,389)(2,174,563)
———–———–———–———-
192,595,165162,556,407101,741,43983,734,926
Financial charges(44,251,922)(32,149,854)(24,723,255)(17,524,749)
———–———–———–———-
148,343,243130,406,55377,018,18466,210,177
Modaraba Co. management fee(14,834,324)(13,040,655)(7,701,818)(6,521,018)
———–———–———–———-
Profit for the Period133,508,919117,365,89869,316,36659,589,159
———–———–———–———-
Earning per certificate – Basic and Diluted0.660.580.340.30

 

 

For more information, contact:
Adnan Thanwey
Company Secretary
First Habib Modaraba
5th Floor, HBZ Plaza (Hirani Centre)
I.I. Chundrigar Road, Karachi-74200
Tel: 2635949-51
Fax: 2627373
E-mail: fhm@habibmodaraba.com
Website: www.habibmodaraba.com

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