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.