KARACHI, July 29: Arif Habib Securities Limited (AHSL) posted after-tax profit at Rs 2,583 million for the year ended June 30, 2005, representing 51.5 per cent growth over taxed profit amounting to Rs1,705 million the previous year. The company which announced results at the KSE on Friday, reported operating profit at Rs2,823 million, reflecting increase of over a billion rupees over last year. That included capital gains on investment amounting to Rs2,160 million, up from Rs1,465 million the earlier year.
The company declared bonus shares in the ratio of 50 shares for every 100 shares held (50 per cent), which was stated to be in addition to interim cash dividend already paid at Rs10 per share. The board also declared interim cash dividend for the financial year 2005-06 at Rs10 per share (i.e. at 100 per cent).
