Corporate Alert: Habib Metropolitan Bank Ltd. announces Financial Results; Total Net mark-up Income decreases by 23 percent YoY, PAT decreases by 6 percent YoY; Earnings per Share at 0.91 for the period

By MG News | August 18, 2017 at 02:19 PM GMT+05:00

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Habib Metropolitan Bank Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Total Net mark-up/return/interest income for the period decreased by 23 percent in the outgoing year, whereas the Profit after Taxation for the Period also declined by 6 percent.

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	6,894,865	5,901,846	17%
Net mark-up/interest income after provisions	6,168,285	4,898,595	26%
Total non mark-up/interest income	3,244,795	4,219,486	-23%
Total non mark-up/interest expenses	5,322,075	4,547,372	17%
Extra ordinary/unusual items	-	-
Profit before Taxation	4,091,005	4,570,709	-10%
Taxation	1,849,957	2,189,246	-15%
PAT	2,241,048	2,381,463	-6%
EPS - basic and diluted	0.91	2.27	-60%

Company release on Earnings Report can be accessed here.

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