Earnings Report: Apna Microfinance Bank Ltd. (PSX: AMBL) today reported Financial Results for the Three and Six months ended June 30, 2017

Unconsolidated Profit and Loss Account - For the Six Months Ended

Key Financials

Jan - June, 2017

Jan - Jun, 2016

% Change

Amounts in PKR ‘000

Mark-up/Interest Earned

820,391,433

595,079,204

37.86%

Net Mark-up/Interest Income

418,211,379

346,554,246

20.68%

Net Markup Income after Provisions

226,324,952

353,429,927

-35.96%

Non Mark-up/interest expenses

637,221,289

453,327,126

40.57%

(Loss)/Profit before Taxation

(384,048,305)

(5,673,255)

Taxation

134,026,009

58,258,083

130.06%

(Loss)/Profit after Taxation

(250,022,296)

51,684,828

Accumulated Loss carried Forward

(1,207,031,546)

(169,800,862)

(Loss)/EPS - Basic & diluted

(1.14)

0.23