Corporate Alert: JS Bank Ltd. Financial Results; Total Net Markup Income decreases by 5 percent YoY, PAT decreases by 52 percent YoY, EPS at 0.17 for the period

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

The company’s Net mark-up/return/interest income for the period decreased by 5 percent in the outgoing year, whereas the Profit after Taxation for the Period also declined by 52 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

2,785,387

2,944,071

-5%

Net mark-up/interest income after provisions

2,715,254

2,580,932

5%

Total non mark-up/interest income

2,356,873

2,649,653

-11%

Total non mark-up/interest expenses

4,230,810

3,805,415

11%

Extra ordinary/unusual items

 

Profit before Taxation

841,317

1,425,170

-41%

Taxation

430,052

571,606

-25%

PAT

411,265

853,564

-52%

EPS – basic and diluted

0.17

0.60

-72%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-18T13:56:00+05:00