Earnings Report: Summit Bank Ltd. (PSX: SMBL) 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

Jan - June, 2017

Jan - Jun, 2016

% Change

Amounts in PKR ‘000

Net mark-up/interest income/return

1,614,198

1,290,732

25.06%

Net mark-up/interest income/return after provision

1,658,764

72,821

2177.86%

Total Non-markup/interest income

1,105,376

1,494,872

-26.06%

Total Non-markup/interest expenses

2,965,475

2,997,445

-1.07%

Loss before taxation

(201,335)

(1,429,752)

Taxation

90,837

387,171

-76.54%

PAT

(292,172)

(1,042,581)

EPS - Basic

(0.13)

(0.48)

EPS - Diluted

(0.13)

(0.48)