BankIslami Pakistan announced Financial Results for the period ended June 30, 2017.
The company’s Net Spread after Provisions for the period decreased by 24 percent in the outgoing year, whereas the company incurred losses in the period.
The board has recommended no Cash Dividend, any bonus or right shares.
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 |
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|
Profit Earned |
5,058,284 |
4,935,313 |
2% |
|
Net Spread after Provisions |
2,452,112 |
3,234,877 |
-24% |
|
Other Income |
431,152 |
335,415 |
29% |
|
Other Expenses |
2,982,760 |
2,935,086 |
2% |
|
(Loss)/Profit before Taxation |
(99,496) |
635,206 |
|
|
Taxation |
(16,290) |
276,525 |
|
|
(Loss)/Profit after Taxation |
(83,206) |
358,681 |
|
|
EPS – Basic and Diluted |
(0.0826) |
0.3559 |
|
Company release on Earnings Report can be accessed here.
