306 replies to this topic

[fasee]

per yaar yeh ghoom ghaam ke apnay muhallah wapis a giya 32.5 pe...samaj nai aya

[Amin Khan]

fasee, on 21 February 2012 - 11:30 PM, said:

per yaar yeh ghoom ghaam ke apnay muhallah wapis a giya 32.5 pe...samaj nai aya

humm khair hay fikar na karo .. InsshAllah achi ummed rakho

[Amin Khan]

Bank Al‐Habib issued Rs 2.5/share cash dividend, 15% Bonus

Bank Al‐Habib Ltd (BAHL) has posted a higher profit after tax of Rs 4.5 bn for the year ending December 31, 2011 and announced a final dividend of Rs 2.5/share and 15 % bonus. According to financial results of the bank to Karachi Stock Exchange on Tuesday, the pre‐tax profit also surged to Rs 7.2 bn compared to Rs 5.7 bn in 2010. The EPS improved to Rs 5.16 during the year under review compared to Rs 4.10 in the same period last year.
We maintain Hold in BAHL.
(SCS)

[Lion Heart]

BAHL posts Rs 4.533 billion profit after tax

Bank Al Habib Limited (BAHL) has posted Rs 4.533 billion profit after tax in the year 2011 against Rs 3.602 billion earned in 2010.

The bank's earning per share increased to Rs 5.16 in the period under review against Rs 4.10 in the same period a year back.

The board of directors of the bank in its meeting held here on Tuesday recommended a final cash dividend for the year at Rs 2.50 per share ie 25 percent.

The board also recommended issuing bonus shares in the proportion of 15 shares for every 100 shares held ie 15 percent.


According to the financial results sent to Karachi Stock Exchange, the bank's mark-up/return/interest earning increased to Rs 36.502 billion in 2011 against Rs 27.475 billion in 2010.

The bank's mark-up/return/interest expenses increased to Rs 22.373 billion against Rs 16.678 billion.

The bank's total non-mark-up/interest income increased to Rs 2.593 billion against Rs 2.129 billion while total non-mark-up/interest expenses increased to Rs 7.746 billion against Rs 6.323 billion.

The bank's profit before taxation increased to Rs 7.155 billion in 2011 against Rs 5.656 billion in 2010

[Amin Khan]

Bank Al Habib Limited’s issue of bonus shares

Karachi: Please refer to our announcement of today. As mentioned in our letter, we enclose herewith Free Reserve certificate as required.

Certificate on Residual Free Reserves for the Issue of Bonus Shares
This has reference to your letter dated 21 February 2012 in respect of above mentioned subject. As required, we have reviewed the computation of residual free reserves for the issue of bonus shares made by the Bank and have ascertained, from the Bank’s financial statements for the year ended 31 December 2011, that the residual free reserves in terms of the meaning given to free reserves in the Companies (Issue of Capital) Rules, 1996 after the proposed issue of bonus shares of face value of Rs. 1,317,896 thousand would be higher than twenty five percent of the enhanced paid-up capital of Rs. 10,103,868 thousand.

We have reviewed the contingent liabilities outstanding as at 31 December 2011 to determine the contingent loss, if any, falling within the scope of paragraph 14 of the International Accounting standard 37 “Provisions, Contingent Liabilities and Contingent Assets” and confirm that there are no such liabilities that have not been recognized in the financial statements and would need to be deducted from aforementioned free reserves of the Bank.

This letter is being issued on request of the Bank for the purpose of issue of bonus shares in accordance with Rule 6 of the Companies (Issue of Capital) Rules, 1996.

For more information, Contact:
Bank Al Habib Limited
2nd Floor Mackinnon’s Building,
I.I. Chundrigar Road Karachi-Pakistan
Phones: (92-21) 32412421-32412986
Fax: (92-21) 32419752

http://www.kse.com.p...id=4&nid=030996

[Lion Heart]

16/96
FINANCIAL RESULT FOR THE FIRST QUARTER ENDED 31/03/2011
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 1,650.879
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 1,034.819
EPS = 1.18


FINANCIAL RESULT FOR THE HALF YEAR ENDED 30/06/2011
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 3,418.051
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 2,075.398
EPS = 2.36

FINANCIAL RESULT FOR THE NINE MONTHS ENDED 30/09/2011
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 4,785.282
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 2,963.332
EPS = 3.37

FINANCIAL RESULT FOR THE YEAR ENDED 31/12/2011
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 7,155.339
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 4,533.480
EPS = 5.16
DIVIDEND = 25%(F)
BONUS ISSUE = 15%
ANNUAL GENERAL MEETING WILL BE HELD ON 28/03/2012
BOOK CLOSURE FROM 19/03/2012
BOOK CLOSURE TO 28/03/2012