Karachi, Arif Habib Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 31, 2022.
The agenda of the meeting was discussion of consolidated and unconsolidated profit and loss account for Year ended June 30, 2022 which portrayed a profit of Rs. 826,303,250 and Rs. 826,551,794 with earnings per share 12.65 and 12.65 basic and diluted respectively.
Further, 60% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 08, 2022 to October 15, 2022 (both days inclusive).
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.