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

MG News | August 23, 2017 at 01:40 PM GMT+05:00

0:00

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

The company’s Net mark-up/interest income/return for the period increased by 7 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 1 percent.

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
Net mark-up/interest income/return	14,180,734	13,280,605	7%
Net mark-up/interest income/return after provision	7,534,819	5,620,465	34%
Total Non-markup/interest income	3,233,472	4,317,257	-25%
Total Non-markup/interest expenses	5,908,269	5,563,660	6%
Profit before taxation	4,842,065	4,364,265	11%
Taxation	1,982,639	1,546,149	28%
PAT	2,859,426	2,818,116	1%
EPS - Basic and diluted	2.17	2.14	1%

Company release on Earnings Report can be accessed here.

Related News

Inside NCCPL’s Rulebook Shift

UBL doubles profit to Rs65bn in 1HCY25

Ideal Spinning Mills to exit spinning business

Name	Price/Vol	%Chg/NChg
KSE100	136,502.54 259.91M	1.64% 2202.77
ALLSHR	85,079.90 838.35M	1.26% 1061.74
KSE30	41,552.62 97.27M	1.81% 738.33
KMI30	193,330.76 84.69M	0.39% 741.60
KMIALLSHR	56,315.31 366.02M	0.43% 243.06
BKTi	38,498.08 37.91M	4.13% 1526.33
OGTi	28,138.38 5.66M	-0.36% -101.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	120,260.00	123,615.00 118,675.00	1730.00 1.46%
BRENT CRUDE	69.18	71.53 69.08	-1.18 -1.68%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.25 0.26%
ROTTERDAM COAL MONTHLY	106.50	106.60 106.50	-2.20 -2.02%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.93	69.65 66.84	-1.52 -2.22%
SUGAR #11 WORLD	16.31	16.67 16.27	-0.26 -1.57%