Karachi: Image REIT, under the management of Sinolink REIT Management Company Ltd., has reported its financial results for the year ended June 30, 2026. The Board of Directors, in a meeting held on September 7, 2026, declared a final cash dividend of Rs. 0.085 per unit, equating to 0.85%. This final dividend is in addition to the previously declared interim dividends, cumulatively amounting to Rs. 0.415 per unit or 4.15% for the fiscal year.
The financial performance for the year underscores a robust growth trajectory. The net operating profit for Image REIT stood at Rs. 98,439,658, while the profit before tax was reported at Rs. 991,543,578. This represents a very large or significant move in profitability compared to the previous year's profit of Rs. 357,934,387.
According to information available from the Pakistan Stock Exchange (PSX), Image REIT's total assets surged to Rs. 4.19 billion, up from Rs. 2.42 billion in 2025. The increase reflects a substantial appreciation in the investment properties, recorded at Rs. 3.27 billion, compared to Rs. 2.38 billion the previous year. This rise is attributed to an unrealized gain on the remeasurement of fair value of investment properties, reported at Rs. 888,994,000 for 2026.
The unit holders' fund also exhibited significant growth, reaching Rs. 4.17 billion, compared to Rs. 2.40 billion in the previous year. This increase is supported by a rise in capital reserves from Rs. 496.25 million to Rs. 1.39 billion. The net asset value per unit increased from Rs. 13.05 to Rs. 15.12.
No bonus or rights entitlements were declared, and the interim cash dividend of Rs. 0.145 per unit, or 1.45%, is set for the fiscal year ending June 30, 2027. The entitlement will be paid to unit holders recorded in the register by September 14, 2026, with the unit transfer books closing from September 15 to September 16, 2026.
This performance places Image REIT in a strong position in the market, highlighting effective management and strategic asset growth. The annual report for the fiscal year 2026 will be disseminated through PUCARS in due time.