Earning Review: HBL’s earnings wither by 10% in 9MFY19

Sep-19

Sep-18

% Change

Mark-up/return/profit/interest earned

182,631,441

117,074,265

56.00%

Mark-up/return/profit/interest expensed

108,573,082

56,962,724

90.60%

Net mark-up/return/profit/interest income

74,058,359

60,111,541

23.20%

Non mark-up/interest income

Fee, commission and brokerage income

15,456,596

12,739,687

21.33%

Dividend income

367,646

636,969

-42.28%

Share of profits of associates and joint venture

2,212,652

2,324,938

-4.83%

Foreign Exchange Income

302,575

444,090

-31.87%

(Loss) / income from derivatives

(657,532)

(361,337)

81.97%

(Loss) / gain on securities

(2,411,531)

357,300

Other income

506,627

354,547

42.89%

Total non-mark-up /interest income

15,777,033

16,496,194

-4.36%

Total Income

89,835,392

76,607,735

17.27%

Non mark-up/interest expenses

Operating expenses

(68,969,691)

(56,266,809)

22.58%

Other charges

(404,057)

(465,994)

-13.29%

Workers' Welfare Fund

(393,094)

(330,051)

19.10%

Total non-mark-up/interest expenses

(69,766,842)

(57,062,854)

22.26%

Profit/(loss) before taxation

20,068,550

19,544,881

2.68%

Provision and write offs-net

(1,783,344)

(1,863,380)

Taxation

(9,460,517)

(7,771,355)

21.74%

Profit/(loss) after taxation

8,824,689

9,910,146

-10.95%

Earnings per share - basic and diluted (Rupees)

5.89

6.57

-10.35%