BR Research

ABL so far, so good

Published August 2, 2011 Updated August 2, 2011 12:00am

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ALLIED BANK LIMITED
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Rs(mn)                               1HCY11   1HCY10      Chg
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Mark-up earned                        24573    21846    12.5%
Mark-up expensed                     (12197)  (11267)    8.2%
Net mark-up income                    12376    10579    17.0%
Provisioning                           (992)   (2128)  -53.4%
Net mark-up income after provisions   11384     8451    34.7%
Other income                           3008     2621    14.8%
Operating revenues                    15384    13200    16.5%
Other expenses                        (6828)   (5554)   22.9%
Profit before taxation                 7564     5518    37.1%
Profit after taxation                  5033     3620    39.0%
EPS (Rs)                               5.85     4.21        -
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Source: Company Accounts
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