Soneri Bank Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net Markup/return for the period decreased by 14 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 31 percent.
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 |
3,256,969 |
3,796,172 |
-14% |
Net mark-up/interest income/return after provision |
3,126,816 |
3,731,084 |
-16% |
Total Non-markup/interest income |
1,793,030 |
1,532,932 |
17% |
Total Non-markup/interest expenses |
3,469,872 |
3,215,361 |
8% |
Profit before taxation |
1,449,974 |
873,149 |
66% |
Taxation |
638,119 |
873,149 |
-27% |
PAT |
811,855 |
1,175,506 |
-31% |
EPS – Basic and diluted |
0.7364 |
1.0663 |
-31% |
Company release on Earnings Report can be accessed here.