KARACHI: DIBPL posted NPAT of Rs 52 million [EPS=Rs 0.08] in 1QCY11, depicting a meager growth of 6.12%YoY. The main reason behind the growth is flatness in provisions against bad debts along with appreciation in net spread earned.
During the reviewed period, the income from the core banking operations escalated by 20.28%YoY to Rs 1,299 million during 1QCY12 as compared to Rs 1,080 million recorded in 1QCY11. However, net interest expense has increased by 26.42%YoY to Rs 670 million during the same period..... Islamic Bank,Dubai Islamic earnings,DIB,Dubai Islamic bank
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