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

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.

Posted on: 2017-08-23T13:40:00+05:00