- Bank AlFalah Ltd. Net mark-up income after provisions for the period increased by 4%, amounting to a total of 22.22 billion Rupees during the nine months ended September, 30th 2017
- Bank’s total non-mark-up interest income for the period increased by 15.01% during the reported nine months
- Total non-mark-up/interest expenses for the period increased by 2.22% taking away a total of 18.04 billion from the bottom line in last nine months
- The Profit after tax for the period increased by 14.51% reaching 7.17 billion against last year’s profit of 6.26 billion rupees.
- The company’s earnings per share reached 4.47 rupees vs 3.90 in the last quarter
Unconsolidated Profit and Loss Account – For the Nine Months Ended, September 30th 2017 |
|||
---|---|---|---|
Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR ‘000 |
|||
Net mark-up/interest earned |
42,081,950 |
43,447,882 |
-3.14% |
Net mark-up/interest income |
21,684,487 |
21,686,729 |
-0.01% |
Net mark-up/interest income after provisions |
22,220,431 |
21,351,772 |
4.07% |
Total non-mark-up/interest income |
7,966,494 |
6,926,923 |
15.01% |
Total non-mark-up/interest expenses |
18,049,513 |
17,657,597 |
2.22% |
Profit before Taxation |
12,137,412 |
10,621,098 |
14.28% |
Taxation |
4,962,051 |
4,354,849 |
13.94% |
Profit after taxation |
7,175,361 |
6,266,249 |
14.51% |
Basic EPS |
4.47 |
3.90 |
14.62% |
Company release on Earnings Report can be accessed here.