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
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.