First Dawood Investment Bank Limited announced audited earnings results for the year ended June 30, 2018. For the year, the company reported income of PKR 16,236,206 as compared to PKR 31,877,498 a year ago. Operating loss before provisions and changes in fair value was PKR 21,229,880 as compared to PKR 8,031,235 a year ago. Profit before taxation was PKR 103,474,969 as compared to PKR 11,721,786 a year ago. Profit after taxation was PKR 101,625,823 or PKR 0.68 per basic and diluted share as compared to loss of PKR 284,639,004 or PKR 1.92 per basic and diluted share a year ago. Net cash generated from operating activities was PKR 20,036,179 as compared to net cash used in operating activities of PKR 11,305,304 a year ago. Purchase of operating fixed assets was PKR 132,000 a year ago. As on June 30, 2018 net debt was PKR 334,964,918. Return on average equity (ROE) was 22.40% against negative ROE of 69.52% a year ago. Return on average assets (ROA) was 9.73% against negative ROA of 26.89% a year ago. Book value per share were PKR 3.36 against PKR 2.76 a year ago.