Earnings Report: Standard Chartered Bank (PSX: SCBPL) today reported Financial Results for the Three and Six months ended June 30, 2017

Unconsolidated Profit and Loss Account - For the Six Months Ended

Key Financials

2017

2016

% Change

Amounts in PKR ‘000

Six Month Period

Net mark-up/interest income/return

8,922,071

10,660,416

-16.31%

Net mark-up/interest income/return after provision

9,445,788

10,726,124

-11.94%

Total Non-markup/interest income

4,450,830

4,302,873

3.44%

Total Non-markup/interest expenses

5,325,675

6,056,529

-12.07%

Profit before taxation

8,570,943

8,972,468

-4.48%

Taxation

3,545,594

3,677,609

-3.59%

PAT

5,025,349

5,294,859

-5.09%

EPS - Basic & Diluted

1.30

1.37

-5.11%

Three Month Period

Net mark-up/interest income/return

4,473,289

5,182,964

-13.69%

Net mark-up/interest income/return after provision

4,656,203

4,997,116

-6.82%

Total Non-markup/interest income

2,175,407

2,113,157

2.95%

Total Non-markup/interest expenses

2,409,447

3,078,467

-21.73%

Profit before taxation

4,422,163

4,031,806

9.68%

Taxation

2,061,896

1,946,421

5.93%

PAT

2,360,267

2,085,385

13.18%

EPS - Basic & Diluted

0.61

0.54

12.96%