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.
