The profit after tax of Habib Metropolitan Bank has increased to Rs 1.746 billion in the half year period ended June 30, 2009 as compared to Rs 1.565 billion earned in the corresponding period on 2008. The board of directors of the bank in its meeting held here declared that the earning per share has increased to Rs 2.32 in the period under review against Rs 2.08 in the same period last year.
According to the financial results, the bank's mark-up/return/interest earning increased to Rs 10.044 billion in this period against Rs 7.613 billion in the same period last year. The mark-up/return/interest expenses increased to Rs 6.779 billion against Rs 5.522 billion.
The bank's total non-mark-up/interest income slightly declined to Rs 1.907 billion against Rs 1.986 billion while the total non-mark-up/interest expenses increased to Rs 1.731 billion against Rs 1.565 billion. The bank's profit before taxation increased to Rs 2.546 billion in the half-year period in 2009 against Rs 2.317 billion in the same period in 2008.
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