HBL earns Rs 4.018 billion profit in first quarter |
RECORDER REPORT |
Tuesday, 27 Oct, 2009 3:56 am |
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KARACHI : The profit after tax (unconsolidated) of Habib Bank Limited (HBL) increased to Rs 4.018 billion in the first quarter (July-September) of FY10 as compared to Rs 3.259 billion earned in the corresponding quarter in FY09. The board of directors of the bank in its meeting held here on Saturday declared that the bank's earning per share (basic and diluted) increased to Rs 4.41 in the period under review against Rs 3.58 recorded in the same period of last year.
According to the financial results, the bank's mark-up/return/interest earnings increased to Rs 18.626 billion in this period against Rs 16.344 billion in the same period a year back. The bank's non-mark-up/interest income, however, slightly declined to Rs 2.501 billion against Rs 2.770 billion.
The bank's mark-up/return/interest expenses increased to Rs 8.341 billion against Rs 6.902 billion, provision and write offs declined to Rs 1.154 billion against Rs 1.666 billion while operating expenditure slightly decreased to Rs 5.478 billion against Rs 5.481 billion.
Copyright Business Recorder, 2009
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Gold slips to Rs 30,385
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Oil prices extend gains
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Oil resumed its sell-off in Asian trade Tuesday after slight gains overnight, with regiona.. |
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