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

By MG News | August 24, 2017 at 12:53 PM GMT+05:00

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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.

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