ABL's bottom-line earnigns down by 14% owing to lower capital gain

Jun-19

Jun-18

% Change

Mark-up/return/interest earned

 52,010,659

 33,319,952

56.09%

Mark-up/return/interest expensed

 33,278,971

 17,507,395

90.09%

Net mark-up/interest income

 18,731,688

 15,812,557

18.46%

NON-MARK-UP/INTEREST INCOME

Fee, commission and brokerage income

 2,807,363

 2,566,695

9.38%

Dividend income

 978,223

 1,442,874

-32.20%

Income from dealing in foreign currencies

 1,256,990

 674,150

86.46%

Gain/(loss) on sale of securities - net

 394,952

 2,150,523

-81.63%

Other income

 259,283

 53,534

384.33%

Total non-mark-up/interest income

 5,696,811

 6,887,776

-17.29%

Total Income

 24,428,499

 22,700,333

7.61%

NON-MARK-UP/INTEREST EXPENSES

Operating expenses

 13,194,878

 11,419,265

15.55%

Workers welfare fund

 228,344

 249,367

-8.43%

Other charges

 10,087

 97,236

-89.63%

Total non-mark-up/interest expenses

 13,433,309

 11,765,868

14.17%

Profit before provisions

 10,995,190

 10,934,465

0.56%

Net reversal against provisions and write offs

 289,133

 1,009,096

-71.35%

Extra ordinary / Unusual items

 -  

 -  

Profit before taxation

 11,284,323

 11,943,561

-5.52%

Taxation

 5,042,072

 4,698,396

7.31%

Profit after taxation

 6,242,251

 7,245,165

-13.84%

Earnings per share - Basic and Diluted (in Rupees)

 5.45

 6.33

-13.90%