Silkbank Limited Announces Earnings Results for the Year Ended December 31, 2016
Silkbank Limited announced earnings results for the year ended December 31, 2016. For the year, the company reported net mark-up/interest income of PKR 4,349,362,000 compared to PKR 3,099,630,000 a year ago. Profit before taxation was PKR 1,285,132,000 compared to loss of PKR 1,839,702,000 a year ago. Profit after taxation was PKR 738,553,000 or PKR 0.09 per basic and diluted share compared to loss of PKR 1,711,605,000 or PKR 0.58 per basic and diluted share a year ago.