BR Research

HBL: Sky is the limit

Published August 22, 2011 Updated August 22, 2011 12:00am

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HABIB BANK LIMITED
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Rs(mn)                               1HCY11    1HCY10     chg
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Markup Earned                        45,246     39,036    16%
Markup Expensed                     (19,007)   (17,017)   12%
Net Markup Income                    26,240     22,019    19%
Provisioning                         (4,786)    (3,102)   54%
Net Markup income after provisions   21,454     18,917    13%
Other  income                         6,529      5,544    18%
Operating revenues                   32,769     27,562    19%
Other  expenses                     (13,471)   (12,348)    9%
Profit before taxation               14,512     12,113    20%
Profit after taxation                 9,288      7,423    25%
EPS                                    8.43      6.74
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Source: Company accounts
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