Karachi: The Board of Directors of Arif Habib Corporation Limited (AHCL) has released its Annual Report for the financial year ending June 30, 2026, showcasing strong financial results and strategic advancements. As Pakistan's economic landscape remains buoyed by steady external inflows and currency stability, AHCL's investments across various sectors have yielded significant returns.
On October 7, 2026, AHCL declared a consolidated profit-after-tax attributable to equity holders of the Parent Company amounting to PKR 15,528.61 million, a substantial increase from PKR 10,389.30 million reported the previous year. This translates into earnings per share of PKR 3.68, compared to PKR 2.46 per share last year. On an unconsolidated basis, the Company posted a profit-after-tax of PKR 44,480.63 million, equating to earnings of PKR 10.55 per share, a notable improvement from last year's PKR 23,672.43 million.
The Board has recommended a final cash dividend at 125% of the face value of Re. 1 per share, amounting to Rs. 1.25, available to shareholders registered by October 20, 2026.
A significant milestone for AHCL during the year was the acquisition of a 75% controlling equity stake in Pakistan International Airlines Corporation Limited (PIACL) through a consortium led by AHCL. The acquisition, valued at PKR 135 billion, was facilitated by the establishment of PIA Equity Limited (PIAEL) as a special purpose vehicle, enabling the transfer of management control on June 29, 2026.
The Company's diverse portfolio includes prominent investees like Fatima Fertilizer Company Limited, which reported a 15% increase in profit after tax to PKR 45,562.44 million, and Arif Habib Limited, which saw its highest-ever revenue from core operations, contributing PKR 1,177.03 million in unconsolidated profit after tax. According to information available from the Pakistan Stock Exchange (PSX), the KSE-100 Index marked a very large or significant move, rising 43.5% to close at a record 180,302 points.
Sachal Energy Development (Private) Limited maintained operational reliability, while Javedan Corporation Limited sustained momentum in its real estate projects. Aisha Steel Mills Limited achieved a major turnaround, with a profit before tax of PKR 1,755.66 million following increased production and sales. Power Cement Limited's profit after tax surged to PKR 3,784.47 million, benefiting from operational efficiencies and an optimized power mix.
AHCL's strategic endeavors, coupled with improved macroeconomic conditions, underscore the Company's commitment to generating long-term shareholder value and enhancing its competitive position across key sectors.