Earnings Report: Bank Al Habib Ltd. (PSX: BAHL) today reported Financial Results for the Three and Six months ended June 30, 2017

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Bank Al Habib Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Net mark-up/interest income/return for the period decreased by 1 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 20 percent.

Total Non-markup/interest income increased by 106 percent for the period.

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

Key Financials

Jan – June, 2017

Jan – Jun, 2016

% Change

 

Amounts in PKR ‘000

Net mark-up/interest income/return

24,652,374

24,836,674

-1%

Net mark-up/interest income/return after provision

12,611,730

13,483,278

-6%

Total Non-markup/interest income

4,905,881

2,382,045

106%

Total Non-markup/interest expenses

9,850,636

9,025,799

9%

Profit before taxation

7,666,975

6,839,524

12%

Taxation

3,107,155

3,053,090

2%

PAT

4,559,820

3,786,434

20%

EPS – Basic and diluted

4.10

3.41

20%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-23T13:35:00+05:00

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