Friday 16 September 2011

KIIOF reports net loss of Rs 18.413mln in FY11

KARACHI: KASB Islamic Income Opportunity Fund (KIIOF) (formerly KASB Islamic Income Fund) has reported net loss of Rs 18.413 million year on year (YoY) as compared to Rs 5.021 million net profits in the previous year.


The fund's net asset value (NAV) per unit recorded at Rs 96.2502 as at June 30, 2011 as against Rs 99.3225 in the same period last year.


The company's board of management in their meeting held on Thursday, September 15, 2011 announced financial results for the year ended June 30, 2011.


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