Arif Habib Corporation
Arif Habib Corporation Limited (AHCL) is the holding company of the Arif Habib Group. The Company has a diversified portfolio across sectors including Chemical and Fertilizers, Financial Services, Construction Materials, Industrial Metals, Dairy Farming and others.
AHCL has, over time, won several prestigious national and regional awards in recognition of its consistently strong financial performance, sound corporate governance practices and transparent comprehensive financial reporting through its reliable and experienced management team. AHCL’s brand name is built on years of commitment to the best interest of all stakeholders. The Company has a strong record of quality asset selection and decisive market timing but above all, adherence to high standards of best practices.
AHCL and its group companies are managed by its most important resource i.e. qualified and experienced professional employees. In order to further capitalize on this strength, the Company is constantly improving the work area environment and with emphasis on strong commitment to a dynamic and energetic culture that encourages innovation. The management team is responsible to protect the stakeholders’ interest in a manner that their interests are aligned with the Company’s objectives.
AHCL is the flagship company of the Arif Habib Group. The company was incorporated on 14 November 1994 as a public limited company under the Companies Ordinance, 1984 with a paid up capital of Rs. 40 million. The Company was listed in 2001 on all three bourses of the Country by offering one million shares to the general public at a price of Rs. 80 per share (being the Book Value at that time) raising Rs. 80 million. Since its listing in 2001, the Company has distributed Rs. 3.15 billion as dividend (including specie dividend) and Rs. 720 million by buying back 2 million shares of Rs.10 each at a price of Rs. 360 per share from its shareholders. Currently the Company has equity of Rs. 21 billion built through retained earnings.
AHCL, over the years, has distinguished itself as a superior asset manager while keeping the risk at an acceptable level.
The Company has a distinction of being the winner of the prestigious awards including:
- “KSE Top 25 Companies Award” for many years since its listing
- The "Merit Award" under the "Best Presented Accounts Award" presented by the South Asian
Federation of Accountants
- The National "Best Corporate Report Award 2008" of ICAP