The profit after tax of Standard Chartered Bank (Pakistan) Limited has increased to Rs 796.216 million in the year ended December 31, 2009 as compared to Rs 675.522 million earned in the corresponding period in 2008. The bank's earning per share increased to Re 0.19 in the period under review against Re 0.16 in the same period a year back.
According to the financial results, the bank's mark-up/return/interest earnings increased to Rs 27.242 billion in 2009 against Rs 23.667 billion in 2008. The bank's mark-up/return/interest expenses increased to Rs 10.725 billion against Rs 7.062 billion.
The total non-mark-up/non-interest income of the bank increased to Rs 6.924 billion against Rs 6.633 billion while total non-mark-up/non-interest expenses of the bank slightly declined to Rs 12.594 billion against Rs 12.728 billion. The bank's profit before tax from continuing operations increased to Rs 1.398 billion in 2009 against Rs 1.141 billion in 2008.
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