The profit after tax of Faysal Bank Limited has increased to Rs 2.859 billion in the first six months of 2017 as compared to Rs 2.818 billion earned in the same period in 2016. The earning per share of the bank increased to Rs 2.17 in the period under review against Rs 2.14 in the same period last year.
According to the financial results sent to Pakistan Stock Exchange, the bank's mark-up/return/interest earnings increased to Rs 14.180 billion in the first half of 2017 against Rs 13.280 billion in the same period in 2016 while the mark-up/return/interest expenses decreased to Rs 7.170 billion against Rs 7.219 billion.
The bank's total non-mark-up/interest income stood at Rs 3.233 billion in this period against Rs 4.317 billion in the same period last year while total non-mark-up/interest expenses increased to Rs 5.908 billion against Rs 5.563 billion. The bank's profit before tax increased to Rs 4.842 billion in the first half of 2016 against Rs 4.364 billion in the same period last year.
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