Silk Bank Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net mark-up/interest income/return for the period increased by 18.85 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 38.51 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 ‘000
Net mark-up/interest income/return
2,602,408
2,189,632
18.85%
Net mark-up/interest income/return after provision
2,329,195
1,836,786
26.81%
Total Non-markup/interest income
1,319,201
941,052
40.18%
Total Non-markup/interest expenses
3,034,640
2,241,690
35.37%
Profit before taxation
613,756
536,148
14.48%
Taxation
135,496
190,850
-29.00%
PAT
478,260
345,298
38.51%
EPS – Basic
0.05
0.04
25.00%
EPS – Diluted
0.05
0.04
25.00%
Company release on Earnings Report can be accessed here.
