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Arif Habib Limited (AHL) has strengthened its reputation as a leader in Pakistan’s financial sector, utilising digital advancements to reshape trading and attract global investors, reports WealthPK. Furthermore, the company has continually evolved to meet market demands, reflecting its adaptability and vision for growth.

AHL's recent successful initial public offering (IPO) of BF Biosciences highlights its strong market credibility and expertise in investment banking. These achievements underscore AHL's commitment to innovation and its growing influence in Pakistan’s financial landscape. The company has established itself as a trusted adviser for businesses seeking to raise capital by offering comprehensive support regarding regulatory compliance and strategic marketing.

During the first quarter of the ongoing fiscal year 2024-25 (1QFY25), the company posted strong results with an unconsolidated net profit of Rs136.55 million and a consolidated net profit of Rs140.22 million. Its brokerage and investment banking revenues grew to Rs255.28 million from Rs164.91 million in 1QFY24. Additionally, its investments in technology and workforce development led to a 23% increase in operating expenses, while financial costs decreased to Rs4.31 million.

The company reported an increase in equity to Rs1.41 billion, with a book value per share of Rs21.58 in 1QFY25. AHL has launched its digital brokerage platform, transforming trading experience for investors around the world. By leveraging cutting-edge technology, the platform enhances accessibility and efficiency, providing real-time market engagement and advanced tools to empower investors in making informed decisions.

AHL’s dedication to digital transformation and workforce development is expected to improve customer experiences and seamless trading. These innovations have helped increase trading volumes and investor engagement. Moreover, Pakistan's improving economic conditions, supported by the IMF’s Extended Fund Facility and currency stabilisation measures, have boosted investor confidence and trading activity on the Pakistan Stock Exchange.

The KSE-100 index has reached record highs during the ongoing fiscal, driven by favourable economic trends and strategic investments from firms like AHL. Looking forward, AHL is poised for continued growth, driven by its digital brokerage innovations and market expansion plans. AHL is also attracting a broader investor base with a focus on enhancing client engagement, particularly in IPOs and mergers and acquisitions. The company’s new app and web-based trading system simplifies market navigation, boosting accessibility and transparency.

AHL's dedication to excellence and its proven success in global IPOs position it well to take advantage of emerging opportunities. The company is reshaping the trading landscape, delivering exceptional value to clients and stakeholders while driving industry trends forward, thus leading the way in digital finance in the country.

Credit: INP-WealthPk