Annual Report 2015 of Pakistan Kuwait Investment Company (Private) Limited

It is a broadly described annual report of Pakistan Kuwait Investment Company (Private) Limited in the year of 2015. During the financial year, Total Assets of the Company stood at PKR 28,366,987 billion as compared to PKR 24,634,173 billion. The Share capital of the Company stood at PKR 6,000,000 billion. The Company earned a Profit after Tax of PKR 1.8 billion for 2015 against PKR 2.7 billion during the same period last year, this decrease of 32% Y-o-Y. The net markup based income of the Company increased by 10% Y-o-Y to PKR 864 million as the decline in interest expenses outpaced the decline in interest income. Non-markup based income of the Company decreased slightly by 7% Y-o-Y to PKR 2.6 billion due to a 10% Y-o-Y decrease in share in results of associates and an 8% decline in capital gains. The basic and diluted earnings per share have decreased from PKR 11,157 to PKR 7,619 on the share of PKR 25,000/- each.

The Board of Directors of the Company has recommended a cash dividend of PKR 455 million for the year ended 31^st December 2015.

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