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

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

The company’s Net Mark-up for the period increased by 23 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 40 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

3,505,328

2,845,993

23%

Net mark-up/interest income/return after provision

1,020,721

1,082,309

-6%

Total Non-markup/interest income

336,094

791,635

-58%

Total Non-markup/interest expenses

953,633

1,268,763

-25%

Profit before taxation

403,182

605,181

-33%

Taxation

170,876

216,028

-21%

PAT

232,306

389,153

-40%

Unappropriated Profit carried Forward

1,437,966

1,127,761

28%

EPS – Basic and diluted

0.23

0.39

-41%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-24T12:53:00+05:00