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 |
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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 |
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.