Annual Report 2017 of Pak Oman Investment Company Limited

It is a broadly described annual report of Pak Oman Investment Company Limited in the year of 2017. During the financial year, Total Assets of the Company increased to Rs. 65 billion (US$ 585.7 million) from Rs. 40 billion (US$ 360.5 million) as at 31^st December 2017, showing an increase of 62%. The Company’s Deposits and other accounts Rs. 10,501,149 billion. The Shareholders capital of the Company stood at Rs. 6,150,000 billion. The Company achieved a profit before tax of Rs. 745 million (US$ 6.7 million), after accounting for administrative and other expenses of Rs. 620 million (US$ 5.6 million). In 2017, the Company achieved profit after tax of Rs 437 million (US$ 4.0 million) compared to Rs 706 million of 2016 (US$ 6.4 million). Basic and diluted (loss)/earnings per share (EPS) Rs. 0.71.

The Board of Directors of the Company has recommended a Cash Dividend of @ Rs. 0.70 per share for the year ended 31^st December 2017.

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