Soneri Bank Limited Reports Audited Earnings Results for the Year Ended of December 31, 2016
Soneri Bank Limited reported audited earnings results for the year ended of December 31, 2016. For the period, the company reported net mark-up/return/interest income of PKR 6,844,138,000 compared to PKR 7,597,467,000 a year ago. Net mark-up/return/interest income after provisions was PKR 6,819,731,000 compared to PKR 6,568,226,000 a year ago. Profit before taxation was PKR 3,077,339,000 compared to PKR 3,595,607,000 a year ago. Profit after taxation was PKR 1,878,844,000 compared to PKR 2,212,768,000 a year ago. Basic and diluted earnings per share were PKR 1.7042 compared to PKR 2.0071 a year ago.