NBP profit surges to Rs 14.985 billion

13 Nov, 2007

The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 14.985 billion in the nine-month period ended on September 30, 2007 as compared to Rs 14.185 billion earned in the corresponding period last year.
The board of directors of the bank, in its meeting held here, has declared that the earning per share of NBP surged to Rs 18.37 in the period under review against Rs 17.38 in the same period last year.
The Karachi Stock Exchange (KSE) was informed that the bank''''s mark-up/return/interest income increased to Rs 36.599 billion in this period against Rs 31.955 billion in the same period last year, while the mark-up/return/interest expenses reached Rs 11.930 billion in this period against Rs 10.135 billion in the same period last year.
Total non-mark-up/interest income of the bank slightly declined to Rs 9.100 billion in this period against Rs 9.242 billion in the same period last year, while the total non-mark-up/interest expenses stood at Rs 10.732 billion against Rs 9.479 billion. The bank''''s profit before tax reached Rs 22.420 billion in the nine-month period this year against Rs 20.352 billion in the same period last year.

Read Comments