The consolidated profit after tax of National Bank of Pakistan (NBP) declined to Rs 8.102 billion in the half year period ended June 30, 2008 as compared to Rs 9.151 billion in the corresponding period in 2007. The bank's earning per share stood at Rs 9.03 in the period under review against Rs 11.22 in the same period last year.
The board of directors of the bank, at its meeting held here on Monday, has not recommended any cash dividend, bonus issue/right shares or any other entitlement. According to the financial results, the bank's mark-up/return/interest income increased to Rs 28.110 billion in this period against Rs 24.259 billion in the same period last year, while the mark-up/return/interest expenses also increased to Rs 9.087 billion against Rs 7.811 billion in the same period last year.
The bank's total non-mark-up/interest income increased to Rs 7.804 billion in the half year period this year against Rs 4.260 billion in the same period last year. On the other hand, total non-mark-up/interest expenses increased to Rs 8.893 billion against Rs 6.968 billion. The bank's profit before tax stood at Rs 12.900 billion in the first half of 2008 as compared to Rs 14.146 billion in the same period in 2007.
Comments
Comments are closed.