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

By 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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