BR Research

NIB: Looking sharp

Published August 29, 2012 Updated August 29, 2012 12:00am

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NIB Bank Limited
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(Rs mn)                          1HCY12      1HCY11       chg
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Mark-up Earned                   6,988       6,669         5%
Mark-up Expensed                (5,635)     (5,767)       -2%
Net Markup Income                1,353         902        50%
Provisioning                      (149)     (3,145)      -95%
Net Mark-up income               1,204      (2,244)
after provisions
Other  income                    1,087         895        22%
Operating revenues               2,440       1,796        36%
Other  expenses                 (2,650)     (2,483)        7%
Profit before taxation              29      (3,703)
Profit after taxation              (45)     (1,248)      -96%
EPS (Rs)                         (0.00)      (0.31)
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Source: Company Accounts