Standard Chartered Bank Ltd.net mar-up income after provisions for the period decreased by 16%, amounting to a total of 12.85 billion Rupees during the nine months ended September, 30th 2017
Company’s total non-mark-up income increased by 7.03%
The Profit after tax for the period took a hit of -14% reaching 6.3 billion against last year’s profit of 7.33 billion Rupees.
The company’s earnings per share reached 1.68 rupees vs 1.89 in the last nine months
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Nine Months Ended, September 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Net mark-up/interest earned
20,211,897
21,627,883
-6.55%
Net mark-up/interest income
13,151,645
14,953,544
-12.05%
Net mark-up/interest income after provisions
12,857,587
15,305,054
-15.99%
Total non-mark-up/interest income
6,209,931
5,802,144
7.03%
Total non-mark-up/interest expenses
8,504,767
8,993,446
-5.43%
Profit before Taxation
10,562,751
12,113,752
-12.80%
Taxation
4,242,727
4,778,572
-11.21%
Profit after taxation
6,320,024
7,335,180
-13.84%
Basic EPS
1.63
1.89
-13.76%
Company release on Earnings Report can be accessed here.
