Annual Report 2015 of Saudi Pak Industrial and Agricultural Investment Company Limited

It is a broadly described annual report of Saudi Pak Industrial and Agricultural Investment Company Limited in the year of 2015. During the financial year, Total assets of the Company amounted to Rs. 25,087,471,922 million as on 31^st December 2015 against Rs. 22,172,939,763 million as on 31^st December 2014. The company to book income of Rs. 222.48 million as against the budgeted target of Rs. 155.00 million for 31^st December 2015 with an annualized return of 20.12% as against KSE-100’s return of 2.13%. The Company achieved a pre-tax profit of Rs. 982.62 million and post-tax profit Rs. 723.71 million for the year 2015 which is an extremely commendable achievement. Basic/Diluted (loss) earnings per share (EPS) for the year Rs. 1.931. The shareholder’s equity increased by 9.24% to Rs. 9,379 million as at 31^st December 2015.

The Company issued @10% bonus shares amounting to Rs. 600 million increasing its capital base to Rs. 6,600 million reflecting improved financial strength. The return on average shareholders’ equity figured at 8.1% and return on average assets to 3.1% in the year 2015.

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