BR Research

HBL in full swing

Published October 18, 2011 Updated October 18, 2011 12:00am

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Habib Bank Limited
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(Rs mn)                    9MCY11    9MCY10      chg
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Markup Earned             70,134    59,016     18.8%
Markup Expensed          (30,088)  (25,420)    18.4%
Net Markup Income         40,046    33,596     19.2%
Provisioning              (6,343)   (5,075)    25.0%
Net Markup income
 after provisions         33,703    28,521     18.2%
Other  income              9,307     7,904     17.8%
Operating revenues        49,353    41,500     18.9%
Other  expenses          (20,666)  (18,260)    13.2%
Profit before taxation    22,345    18,165     23.0%
Profit after taxation     14,435    11,293     27.8%
EPS                        13.10     10.25
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Source: Company Accounts