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

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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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