Silk 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 18.85 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 38.51 percent.
The board did not recommend any Cash Dividend, no 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 |
2,602,408 |
2,189,632 |
18.85% |
Net mark-up/interest income/return after provision |
2,329,195 |
1,836,786 |
26.81% |
Total Non-markup/interest income |
1,319,201 |
941,052 |
40.18% |
Total Non-markup/interest expenses |
3,034,640 |
2,241,690 |
35.37% |
Profit before taxation |
613,756 |
536,148 |
14.48% |
Taxation |
135,496 |
190,850 |
-29.00% |
PAT |
478,260 |
345,298 |
38.51% |
EPS – Basic |
0.05 |
0.04 |
25.00% |
EPS – Diluted |
0.05 |
0.04 |
25.00% |
Company release on Earnings Report can be accessed here.