NBP
National Bank of Pakistan
FORM-7
August 28, 2024
The General Manager
Pakistan Stock Exchange Ltd.
Stock Exchange Building
Stock Exchange Road
Karachi.
Dear Sir,
FINANCIAL RESULTS FOR THE HALF YEAR ENDED JUNE 30,2024
We have to inform you that the Board of Directors of National Bank of Pakistan in its meeting held at 04:00 P.M. on Wednesday, the August 28, 2024, has not recommended any Cash Dividend, Bonus issue / Right Shares or any other entitlement. The financial results of the Bank for the half year ended June 30, 2024 are enclosed.
The Quarterly Report of the Company for the period ended June 30, 2024 will be transmitted through PUCARS separately, within the specified time.
Yours truly,
~ | |
thi) | (S. M. Ali Zamin) |
Secretary (BOard~ |
Encl: (a.a.)
Secretary Board of Directors
NBP,2nd Floor, Head Office, 1.1. Chundrigar Road, Karachi. Ph: 99220224 Fax: 99220239
Website: www.nbp.com.pk
NATIONAL BANK OF PAKISTAN
CONSOLIDATED CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE QUARTER AND HALF YEAR ENDED JUNE 30,2024
Quarter | ended |
June 30, | June 30, |
2024 | 2023 |
. | (Rupees in |
Half year | ended |
June 30, | June 30, |
2024 | 2023 |
'000) ---.------------------------------- | ' |
Mark-up / return / interest earned Mark-up / return / interest expensed
Net mark-up / return / interest income
NON MARK-UP / INTEREST INCOME
287,736,614 240,047,422 562,818,685 432,546,000
244,801,086 199,299,487 490,755,635 359,173,467
42,935,528 40,747,935 72,063,050 73,372,533
Fee and commission income Dividend income
Foreign exchange income Income / (loss) from derivatives Gain on securities - net
Net gains/(Ioss) on derecognition of financial assets
measured at amortised cost
Share of profit from joint venture - net of tax Share of profit / (loss) from associates - net of tax Other income
Total non-mark-up / interest income
Total income
NON MARK-UPI INTEREST EXPENSES
7,305,796 | 6,462,749 | 13,585,831 | 11,418,695 |
1,362,581 | 1,218,639 | 3,128,058 | 2,239,336 |
2,413,224 | 3,135,694 | 4,184,438 | 4,487,811 |
- | - | - | - |
1,419,445 | 563,881 | 5,843,663 | 933,180 |
- | - | - | - |
446,632 | 336,907 | 604,843 | 623,395 |
80,856 | 27,173 | 118,360 | 17,786 |
86909 | 602,140 | 157541 | 1 207,537 |
13,115,443 | 12,347,183 | 27,622,734 | 20,927,740 |
56,050,971 | 53,095,118 | 99,685,784 | 94,300,273 |
Operating expenses Other charges
Total non-markup / interest expenses
Profit / (Loss) before credit loss allowance Credit loss allowance and write offs - net Extra ordinary / unusual items
28?345,315
(1,757,339)
50,164,767 44,661,140
21640 196,913
50,186,407 44,858,053
29,792,977 49,499,377 49,442,220
(328,855) (1,029,849) 405,331
49,014,365
PROFIT BEFORE TAXATION | 30,102,654 | |
Taxation | (9,926,562) | |
PROFIT AFTER TAXATION | 40,029,216 | |
Attributable | to: | 39,898,214 |
Equity holders of the Bank | ||
Non-controlling interest | 131,002 | |
40,029,216 | ||
. | ||
Earnings | per share - basic and diluted | {4.28} |
30,121,832 1,514,861 49,036,889
14,275,214 681,719 21,896,959
15,846,618 833,142 27,139,930
15,785,657 592,189 27,034,923
60,961 240,953 105,007
15,846,618 833,142 27,139,930
(Ru pee s) ---------------------------------------- | . |
7.420.2812.71
NATIONAL BANK OF PAKISTAN
UNCONSOLIDATED CONDENSED INTERIM STATEMENT OF PROFIT AND LOSS ACCOUNT (UN-AUDITED)
FOR THE QUARTER AND HALF YEAR ENDED JUNE 30, 2024
Mark-up / return / interest earned Mark-up / return / interest expensed
Net mark-up / return / interest income
NON MARK-UPI INTEREST INCOME
Quarter ended | Half year ended | ||
June 30, | June 30, | June 30, | June 30, |
2024 | 2023 | 2024 | 2023 |
. | (Rupees | in '000) ------------------------------- | |
287,622,987 | 239,940,685 | 562,605,749 | 432,332,452 |
244,831,221 | 199,317,912 | 490,833,644 | 359,186,685 |
42,791,766 | 40,622,773 | 71,772,105 | 73,145,767 |
Fee and commission income
Dividend income
Foreign exchange income Income / (Loss) from derivatives Gain on securities - net
Net gains/(Ioss) on derecognition of financial assets measured at amortised cost
Other income
Total non-mark-up / interest income
Total income
NON MARK-UP /INTEREST EXPENSES
Operating expenses
Other charges
Total non-markup / interest expenses
Profit before credit loss allowance Credit loss allowance and write offs - net
Extra ordinary / unusual items - Pension Expense
(LOSS) / PROFIT BEFORE TAXATION
Taxation
(LOSS) I PROFIT AFTER TAXATION
6,474,864 5,987,999
1,307,783 1,370,564
2,292,645 3,017,802
-
1,410,937 556,451
- -
86,648 593,053
11,572,877 11,525,869
54,364,643 52,148,642
27,252,704 29,214,409
(1,117,630) (272,498)
49,014,365
(20,644,031) 29,486,907
(10,172,620) 14,153,423
PO,471,411} 15,333,484
12,057,655 10,510,644
3,031,727 2,369,355
3,998,944 4,068,469
- -
5,822,843 921,082
- -
149,770 1,155,935
25,060,939 19,025,485
96,833,044 92,171,252
47,746,442 48,075,538
(1,782,761) 411,861
49,014,365
514,838 47,663,677
263,714 21,641,414
251,124 26,022,263
(Loss) I Earnings per share - basic and diluted
.(Rupees) -------------------------------------
(4.92}7.210.12 12.23