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.
