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
_20260521112738957_1c2c2b.webp?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,511.86 278.75M | 0.98% 1646.82 |
| ALLSHR | 103,203.80 682.99M | 0.89% 908.76 |
| KSE30 | 50,839.23 100.13M | 1.18% 592.12 |
| KMI30 | 243,245.60 147.66M | 1.61% 3852.07 |
| KMIALLSHR | 66,892.15 407.33M | 1.15% 757.54 |
| BKTi | 47,509.55 28.38M | 0.77% 361.93 |
| OGTi | 34,789.19 8.38M | 1.60% 547.02 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 77,910.00 | 79,965.00 76,030.00 | 650.00 0.84% |
| BRENT CRUDE | 104.47 | 109.97 103.50 | -3.16 -2.94% |
| RICHARDS BAY COAL MONTHLY | 130.00 | 0.00 0.00 | 1.70 1.33% |
| ROTTERDAM COAL MONTHLY | 140.00 | 0.00 0.00 | -0.75 -0.53% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 99.65 | 104.46 98.48 | -2.83 -2.76% |
| SUGAR #11 WORLD | 18.15 | 18.84 17.93 | -0.58 -3.10% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Workers' Remittances
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()