The profit after tax of PICIC Commercial Bank has declined to Rs 321.088 million in the half year ending June 30 as compared to Rs 649.927 million in the same period last year. The board of directors of the bank, in its meeting, declared that the earning per share stood at Rs 1.17 in the period under review against Rs 2.38 in the same period last year.
Informing the Karachi Stock Exchange (KSE), the bank said that the net mark-up/interest income stood at Rs 1,033.733 million in this period against Rs 1,181.731 million in the same period last year, while total non-mark-up/interest income was Rs 774.570 million against Rs 610.078 million previously. The bank's profit before tax declined to Rs 460.505 million in this period against Rs 881.679 million last year.
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