Silk Bank Limited announced condensed earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net mark-up/interest income of PKR 1,139,519,000, net mark-up/interest income after provisions of PKR 934,861,000, profit before taxation of PKR 310,597,000, profit after taxation of PKR 201,804,000 or PKR 0.02 per diluted share compared to the net mark-up/interest income of PKR 781,576,000, net mark-up/interest income after provisions of PKR 626.572,000, profit before taxation of PKR 75,245,000, profit after taxation of PKR 49,867,000 or PKR 0.01 per basic and diluted share for the previous year.