Faysal Bank Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net mark-up/interest income/return for the period increased by 7 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 1 percent.
The board has recommended no Cash Dividend, any bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Six Months Ended |
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Key Financials |
Jan – June, 2017 |
Jan – Jun, 2016 |
% Change |
Amounts in PKR ‘000 |
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Net mark-up/interest income/return |
14,180,734 |
13,280,605 |
7% |
Net mark-up/interest income/return after provision |
7,534,819 |
5,620,465 |
34% |
Total Non-markup/interest income |
3,233,472 |
4,317,257 |
-25% |
Total Non-markup/interest expenses |
5,908,269 |
5,563,660 |
6% |
Profit before taxation |
4,842,065 |
4,364,265 |
11% |
Taxation |
1,982,639 |
1,546,149 |
28% |
PAT |
2,859,426 |
2,818,116 |
1% |
EPS – Basic and diluted |
2.17 |
2.14 |
1% |
Company release on Earnings Report can be accessed here.