Apna Microfinance Bank Limited has released its un-audited condensed interim financial statements for the half-year ended June 30, 2026, reporting a reduced loss compared to the previous year.
- Loss for the period decreased to PKR 762.72M from PKR 822.43M in the same period last year.
- Loss per share improved to PKR 1.78 from PKR 1.92.
- Revenue (markup/interest earned) increased significantly to PKR 1,939.05M, up 29% from PKR 1,506.68M.
- Operating expenses rose slightly by 6% to PKR 1,061.11M.
- Total assets grew marginally to PKR 20,748.40M from PKR 20,730.39M as of December 31, 2025.
- The bank's equity remains negative at PKR -11,273.60M, reflecting ongoing financial challenges and non-compliance with Minimum Capital Requirements (MCR) and Capital Adequacy Ratio (CAR).
- The management is implementing a multi-faceted plan to address financial and operational challenges, including a recent capital injection of PKR 500M from sponsors.
- The external auditors noted material uncertainty regarding the bank's ability to continue as a going concern.