The profit after tax of Faysal Bank Limited has declined to Rs 4.087 billion in the year ended December 31, 2007 as compared to Rs 4.727 billion earned in 2006. The earning per share of the bank stood at Rs 4.29 in the period under review against Rs 5.32 in the same period, a year back.
According to results, the bank's mark-up/return/interest income increased to Rs 11.610 billion in this period against Rs 9.728 billion in the same period. Previously the bank's mark-up/return/interest expenses increased to Rs 7.459 billion against Rs 6.089 billion.
The bank's total non-mark-up/interest income increased to Rs 3.441 billion in 2007 against Rs 2.752 billion earned in 2006 while the total non-mark-up/interest expenses stood at Rs 2.815 billion against Rs 1.899 billion. The profit before tax declined to Rs 2.697 billion in 2007 as compared to Rs 3.870 billion in 2006.