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

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

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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.

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