The profit after tax of Habib Metropolitan Bank in the quarter ended June 30, 2008 increased to Rs 892.026 million as compared to Rs 510.733 million in the corresponding period in 2007. The board of directors of the bank in its meeting held here declared that the bank's earning per share increased to Rs 1.48 in the period under review against Rs 0.85 in the same period of last year.
According to the financial results, the bank's mark-up/return/interest earning increased to Rs 3,744.44 million in this quarter against Rs 2,862.171 million in the same quarter last year while the mark-up/return/interest expenses stood at Rs 2,683.241 million in this period against Rs 1,966.489 million previously.
Total non-mark-up/interest income of the bank increased to Rs 1,254.639 million in this quarter against Rs 754.158 million in the same quarter last year. The bank's profit before tax increased to Rs 1,298.209 million in this period against Rs 1,033.182 million in the same period a year back.