Corporate Alert: Bank of Punjab announces Financial Results; Total non mark-up/interest income increased by 19%, PAT decreased by 8; EPS 0.94/- for the period

MG News | August 18, 2017 at 03:59 PM GMT+05:00

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Bank of Punjab announced Financial Results for the period ended June 30, 2017.

The company’s Total non mark-up/interest income for the period increased 19 percent in the outgoing year, whereas the Profit after Taxation for the Period declined by 8 percent.

No Dividend for the period
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/return/interest income	6,731,479	5,587,822	20%
Net mark-up/interest income after provisions	2,016,905	1,874,826	8%
Total non mark-up/interest income	1,439,861	1,389,680	4%
Total non mark-up/interest expenses	1,804,342	1,518,541	19%
Extra ordinary/unusual items	-	-
Profit before Taxation	1,652,424	1,745,965	-5%
Taxation	713,306	724,952	-2%
PAT	939,118	1,021,013	-8%
EPS - basic and diluted	0.94	1.02	-8%

Company release on Earnings Report can be accessed here.

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