Silkbank Limited has posted Rs 695.063 million as profit after tax in the year ended December 31, 2011 as compared to after tax loss of Rs 1,131.154 million in the year 2010. The board of directors of the bank in its meeting held on Wednesday declared the bank's earning per share at Re 0.26 in the period under review against per share loss of Re 0.49 in the corresponding period a year back.
According to the financial results sent to Karachi Stock Exchange, the bank's mark-up/return/interest earning increased to Rs 8.385 billion in 2011 against Rs 6.775 billion in 2010 while mark-up/return/interest expenses increased to Rs 6.514 billion against Rs 5.926 billion.
The bank's total non-mark-up/interest income reduced to Rs 846.586 million in 2011 against Rs 1,184.804 million in 2010 while total non-mark-up/interest expenses increased to Rs 3.988 billion against Rs 3.041 billion. The bank posted Rs 1.358 billion as profit before taxation in 2011 against before tax loss of Rs 1.235 in 2010.
Comments
Comments are closed.