Security Investment Bank Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Total Income for the period increased 17.74 by percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 8569.43 percent.
The board did not recommend any Cash Dividend, no 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
Income on gain of financing and placements
23,070,763
17,084,639
35.04%
Return on Investments
484,209
4,228,815
-88.55%
Capital Gain
1,748,226
1,518,369
15.14%
Total Income
27,488,590
23,346,198
17.74%
Return on deposits and borrowings
1,114,742
564,883
97.34%
Total Expenditure
18,466,906
21,916,253
-15.74%
Operating Profit
9,021,684
865,062
942.89%
Taxation
8,914,394
268,457
3220.60%
NPAT
51,722,238
596,605
8569.43%
Total Comprehensive Income – Net of Tax
51,722,238
312,483
16452.02%
EPS – Basic & diluted
1.006
0.012
8283.33%
Company release on Earnings Report can be accessed here.