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

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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.

Posted on: 2017-08-29T11:14:00+05:00