Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year |
Net profit were higher because of increase in total operating income by 9.9%, mainly driven by higher net special commission income and fee and commission income, net. The total operating expenses rose by 12.1%, mainly due to increase in salaries and employee related expenses and other general and administrative expense. |
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter |
Net profit increased because of higher total operating income by 5% mainly due to increase in net special commission income, fee and commission income, net and exchange income, net partially offset by lower gains on non trading investments, net. The total operating expenses increased marginally by 0.3%. |
Reason for increase (decrease) in net profit for current period compared to the similar period of the previous year |
Net profit increased because of higher total operating income by 8.5% mainly due to increase in net special commission income, fee and commission income, net and trading gains, net partially offset by a drop in gains on non- trading investments. The total operating expenses rose by 4.8%, mainly due to increase in salaries and employee related expenses and other general and administrative expenses partially offset by a drop in impairment charge for credit losses, net. |
Type of the external auditor's opinion |
Unmodified opinion |
Reclassifications in quarter financial result |
Certain previous year figures has been reclassified in order to conform with current year classifications and some items have been re-classified. |
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