Atlas Asset Management Reports Financial Results for Fiscal Year Ending June 30, 2025

The Board of Directors of Atlas Asset Management Limited announced financial results for the fiscal year ending June 30, 2025, after convening on September 4, 2025. The meeting was held at the company's registered office in Clifton, Karachi, and presented the financial outcomes for various funds under its management, including the Atlas Money Market Fund (AMF) and the Atlas Liquid Fund (ALF). The Atlas Money Market Fund reported no distribution for the fiscal year, while the Atlas Liquid Fund and other funds showed varied financial outcomes. Atlas Asset Management's comprehensive income for the fiscal year stood at 5.54 billion, a significant rise from the previous year's 4.87 billion, while the net income before taxation was recorded at 5.23 billion.

Key Takeaways:

• The Atlas Money Market Fund (AMF) reported no distribution for the fiscal year, whereas the Atlas Liquid Fund (ALF) and other funds exhibited varied financial outcomes.
• Atlas Asset Management's comprehensive income for the fiscal year stood at 5.54 billion, a significant increase from the previous year's 4.87 billion.
• The net income before taxation was recorded at 5.23 billion, indicating a notable improvement in financial performance compared to last year's 4.52 billion.
• The company experienced a decline in its profit on investments and bank balances, interest on letters of placements, and income from sukuk certificates, which cumulatively impacted the overall income figures.
• Capital gains on the sale of investments demonstrated a moderate move, contributing positively to the total income.
• The financial statement highlighted total expenses reaching 302.19 million, with remuneration for management and trustee services, sales tax, and other charges contributing to the overall expenditure.
• The net income after taxation was calculated at 4.52 billion, and the company has allocated this income while accounting for amounts already distributed through unit redemptions.
• The Atlas Liquid Fund reported total income as 1.09 billion, a decline from the previous year, reflecting a significant move in financial terms.
• Expenses for the Atlas Liquid Fund also witnessed adjustments, totaling 73.10 million, with remuneration and sales tax constituting the majority of the costs.

Statistics:

• Comprehensive income: 5.54 billion (a significant rise from 4.87 billion in the previous year).
• Net income before taxation: 5.23 billion (a notable improvement from 4.52 billion in the previous year).
• Total expenses: 302.19 million (breaking down into remuneration for management and trustee services, sales tax, and other charges).
• Net income after taxation: 4.52 billion (allocated while accounting for amounts already distributed through unit redemptions).
• Total income for the Atlas Liquid Fund: 1.09 billion (a decline from the previous year).
• Expenses for the Atlas Liquid Fund: 73.10 million (primarily comprised of remuneration and sales tax).

Sources:

• Pakistan Stock Exchange (PSX)
• Atlas Asset Management Limited