The profit after tax of Samba Bank Limited has increased to Rs 244.230 million in the nine-month period ended September 30, 2012 as compared to Rs 74.816 million earned in the corresponding period in 2011. The board of directors of the bank in its meeting held here on Tuesday declared that the bank's earning per share has increased to Re 0.17 in the period under review against Re 0.05 in the same period last year.
According to the financial results sent to Karachi Stock Exchange, the bank's markup/return/interest earning decreased to Rs 2.314 billion in this period against Rs 2.466 billion in the same period last year while markup/return/interest expenses reduced to Rs 1.286 billion against Rs 1.411 billion. The bank's total non-markup/interest income decreased to Rs 103.853 million in this period against Rs 135.350 million in the same period last year while total non-markup/interest expenses stood at Rs 1.031 billion against Rs 1.064 billion.
The bank's profit before taxation increased to Rs 160.662 million in the nine-month period this year against Rs 157.196 million in the same period last year. On quarterly basis, the bank's profit after tax increased to Rs 184.562 million translating into earning per share of Re 0.13 in the quarter ended September 30, 2012 as compared to after tax profit of Rs 34.415 million with per share earning of Re 0.02 in the same quarter last year.
Comments
Comments are closed.