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

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.

Posted on: 2017-08-22T11:06:00+05:00