JS Investments Limited (JSIL), has announced the financial results for the Management Company and Closed End Funds under management for the fiscal year ended June 30, 2008.

The Board of Directors in a meeting held recently, reviewed and approved the financial results for 12 months ending June 30, 2008 for JS Investments Limited and for the Closed End Funds under management.

The Board of Directors approved a final dividend payout of 10% (Rs.1/share) for the shareholders of JSIL. This is in addition to the 15% (Rs.1.5/share) interim dividend which had been declared earlier; therefore the annual dividend payout by the company for FY08 is a total of 25% (Rs.2.5/share). For the year under review, JSIL posted net profit of Rs.549 million, which was 5.37% higher as compared to the previous year. This translates to an earning per share of Rs.5.49 per share, as compared to earning per share of Rs.5.21 in the preceding year. For the 12 months period, JSIL increased its Assets under Management by 32.8%, from PKR 29.3 billion as at FY07 year-end to PKR 38.9 billion as at end of FY08.