Meezan Bank Ltd. profit for 9MFY18 rises 14.65% to Rs. 4.7 billion
MG News | October 25, 2017 at 03:03 PM GMT+05:00
- Meezan Bank Ltd. Net Spread earned for the period increased by 17.48% clocking in at 15.7 billion against last year’s net sales of 13.36 billion
- Bank’s total other income rose by 29.5%, to 5.58 billion
- Bottom line profits reached 4.7 billion up 15% against 4.11 billion last year
- Company’s earnings per share clocked in at 4.7 vs 4.1 during FY ‘16
| Unconsolidated Profit and Loss Account - For the Nine Months Ended, September 30th 2017 | |||
|---|---|---|---|
| Key Financials | 2017 | 2016 | % Change |
| Amounts in PKR ‘000 | |||
| Net spread earned | 15,700,446 | 13,364,720 | 17.48% |
| Net spread after provisions | 15,432,314 | 13,677,171 | 12.83% |
| Total other income | 5,588,186 | 4,314,104 | 29.53% |
| Total other expenses | 13,222,354 | 11,358,089 | 16.41% |
| Profit before Taxation | 7,798,146 | 6,633,186 | 17.56% |
| Taxation | 3,080,861 | 2,518,806 | 22.31% |
| Profit after taxation | 4,717,285 | 4,114,380 | 14.65% |
| Basic and diluted - EPS | 4.70 | 4.10 | 14.63% |
Company release on Earnings Report can be accessed here.
Related News
_20260418090837864_892f21.jpeg?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 172,029.44 314.17M | -0.65% -1126.35 |
| ALLSHR | 102,630.91 887.87M | -0.69% -718.11 |
| KSE30 | 52,258.55 120.56M | -0.69% -362.26 |
| KMI30 | 246,636.70 160.72M | -0.61% -1507.68 |
| KMIALLSHR | 66,400.66 446.78M | -0.71% -472.51 |
| BKTi | 48,898.57 58.07M | -0.80% -393.16 |
| OGTi | 35,780.54 8.50M | -1.30% -470.11 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,200.00 | 78,545.00 75,415.00 | 3140.00 4.18% |
| BRENT CRUDE | 99.23 | 100.39 96.54 | 0.75 0.76% |
| RICHARDS BAY COAL MONTHLY | 103.25 | 0.00 0.00 | -0.75 -0.72% |
| ROTTERDAM COAL MONTHLY | 102.00 | 102.00 101.70 | -0.25 -0.24% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 90.32 | 91.41 87.64 | 0.65 0.72% |
| SUGAR #11 WORLD | 13.90 | 13.93 13.67 | 0.18 1.31% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Repatriation of Profit & Dividend
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()