Karachi: The Board of Directors of Habib Metropolitan Modaraba Management Company (Private) Limited convened on August 7, 2025, to approve the annual audited financial statements for First Habib Modaraba for the fiscal year ending June 30, 2025. The board announced a final cash dividend of Rs.2.25 per certificate, equivalent to 22.5%, with no issuance of bonus or right shares.

According to the announcement, the annual review meeting is scheduled for October 8, 2025, in Karachi. The certificate transfer books will be closed from October 2 to October 10, 2025, to determine eligibility for the dividend. Transfers received by the close of business on October 1, 2025, will be eligible for this entitlement. The annual report will be available at least 21 days before the review meeting, via the PUCARS system.

The financial results reveal substantial growth in assets, totaling 34.75 billion, compared to the previous year's 26.41 billion, marking a very large or significant move. Non-current assets increased to 21.48 billion, driven by a rise in diminishing musharaka financing to 20.56 billion, a big move. Current assets also saw a notable increase to 13.27 billion, with short-term investments reaching 312.27 million, reflecting a very large or significant move.

Certificate holders' equity rose to 5.74 billion, indicating a big move from the previous year's 5.07 billion. Reserves increased to 4.63 billion, indicating a big move. Surplus on revaluation of investments grew to 45.18 million, a big move.

According to information available from the Pakistan Stock Exchange (PSX), liabilities also saw a significant increase. Certificates of investment (musharaka) stood at 20.77 billion, a very large or significant move, while running musharaka rose to 6.30 billion, marking a very large or significant move.

The company's authorized certificate capital remained unchanged at 1.40 billion. Issued, subscribed, and paid-up certificate capital stood steady at 1.11 billion. Meanwhile, profit payable on certificates of investment (musharaka) decreased to 274.87 million, reflecting a big move, while profit payable on running musharaka rose to 124.47 million, a minor move.

Taxation-net increased to 496.88 million from the previous year's 379.54 million, indicating a big move. Overall, the financial results reflect a robust performance by First Habib Modaraba during the fiscal year.