Allied Rental Modaraba Announces Audited Earnings Results for the Year Ended June 30, 2018
October 05, 2018 at 02:14 am IST
Allied Rental Modaraba announced audited earnings results for the year ended June 30, 2018. For the period, net Ijarah rentals were PKR 3,574,139,137 against PKR 3,001,022,461 for the same period a year ago. Net sales revenue was PKR 3,696,144,922 against PKR 3,116,267,315 for the same period a year ago. Profit for the year before taxation was PKR 395,123,758 against PKR 457,859,046 for the same period a year ago. Profit for the year was PKR 395,123,758 against PKR 457,859,046 for the same period a year ago. Basic and diluted earnings per certificate were PKR 1.89 against PKR 2.27 for the same period a year ago. Net cash flows from operating activities were PKR 787,431,879 against PKR 831,305,371 for the same period a year ago. Capital expenditure was PKR 1,326,154,651 against PKR 1,523,977,103 for the same period a year ago. Return on Asset was 5% against 6% for the same period a year ago. Return on Equity was 8% against 10% for the same period a year ago. Book Value per certificate was PKR 25.75 against PKR 26.54 a year ago.