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 | 171,689.54 451.97M | 4.22% 6947.06 |
| ALLSHR | 102,546.79 997.18M | 4.01% 3956.87 |
| KSE30 | 51,762.41 217.16M | 4.59% 2270.92 |
| KMI30 | 246,753.53 214.80M | 4.31% 10202.44 |
| KMIALLSHR | 66,619.42 547.18M | 4.14% 2649.79 |
| BKTi | 47,748.73 72.97M | 4.69% 2139.94 |
| OGTi | 36,012.05 28.58M | 5.80% 1975.60 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 82,095.00 | 82,375.00 81,005.00 | 150.00 0.18% |
| BRENT CRUDE | 103.27 | 109.02 102.22 | -6.60 -6.01% |
| RICHARDS BAY COAL MONTHLY | 114.00 | 0.00 0.00 | 0.15 0.13% |
| ROTTERDAM COAL MONTHLY | 110.10 | 110.10 110.10 | -0.30 -0.27% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 95.47 | 102.70 94.32 | -6.80 -6.65% |
| SUGAR #11 WORLD | 14.75 | 15.35 14.66 | -0.62 -4.03% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Large Scale Manufacturing (LSMI)
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()