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

MG News | August 22, 2017 at 11:06 AM GMT+05:00

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Soneri Bank Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Net Markup/return for the period decreased by 14 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 31 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	3,256,969	3,796,172	-14%
Net mark-up/interest income/return after provision	3,126,816	3,731,084	-16%
Total Non-markup/interest income	1,793,030	1,532,932	17%
Total Non-markup/interest expenses	3,469,872	3,215,361	8%
Profit before taxation	1,449,974	873,149	66%
Taxation	638,119	873,149	-27%
PAT	811,855	1,175,506	-31%
EPS - Basic and diluted	0.7364	1.0663	-31%

Company release on Earnings Report can be accessed here.

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