The increase in net profit for the year ended March 31, 2013
compared with the same period last year is due to the increase of sales for the same stores and the successful opening of new stores, introducing new concepts and brands, the consolidation of the results of the acquired business Nesk trading projects LLC, and the international expansion and increase in other incomes mainly related to international company capital and foreign exchange gains.
KARACHI -- Meezan Bank Limited has recorded 9% growth in its profit-after-tax of first quarter ended March 31, 2013
which increased to Rs 982 million compared to Rs 903 million earned in the corresponding period of 2012.
32tn in the quarter ending March 31, 2013
, against JPY355bn profit in the year-ago period.
Gross margin for the quarter ended March 31, 2013
, was 41%, compared to 44% in the first quarter of 2012.
Net income for the three months ended March 31, 2013
was USD 56,953, an increase of 20.
year ended March 31, 2013
is uploaded on our website at the link given
Finally, from March 1, 2012, through March 31, 2013
, the number of borrowers who had either a short sale or a deed in lieu of foreclosure numbered 175,187.
46 per share for the six months ended March 31, 2013
, which included a negative provision for loan losses of USD9.
8% for the three months ended March 31, 2014 compared to the three months ended March 31, 2013
The Trust's net investment income for the year ended March 31, 2013
was $16,947,819 ($1.
ZIM had cash and cash equivalents of $1,591,507 as at March 31, 2013
as compared to $1,762,171 as at March 31, 2012 with no outstanding long term debt.
5 percent from the USD667m in total assets reported at March 31, 2013