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
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 165,674.23 418.19M | 9.23% 14000.77 |
| ALLSHR | 98,645.35 1,040.16M | 8.66% 7858.49 |
| KSE30 | 50,296.00 133.06M | 9.48% 4357.18 |
| KMI30 | 242,624.48 187.98M | 9.46% 20972.27 |
| KMIALLSHR | 64,821.13 494.55M | 8.70% 5190.00 |
| BKTi | 45,525.85 40.36M | 9.28% 3864.70 |
| OGTi | 35,093.77 25.33M | 9.83% 3139.66 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 72,005.00 | 72,960.00 70,055.00 | 2835.00 4.10% |
| BRENT CRUDE | 94.03 | 96.27 91.70 | -15.24 -13.95% |
| RICHARDS BAY COAL MONTHLY | 112.50 | 0.00 0.00 | 3.95 3.64% |
| ROTTERDAM COAL MONTHLY | 108.10 | 108.15 108.05 | -4.70 -4.17% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 95.26 | 109.19 91.05 | -17.69 -15.66% |
| SUGAR #11 WORLD | 14.41 | 14.46 14.19 | -0.17 -1.17% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()