Security Investment Bank Limited has released its financial report for the half year ended June 30, 2026, highlighting a decline in profitability compared to the previous year.
- The company reported a profit after tax (PAT) of PKR 5.03M, down from PKR 21.17M in the same period last year.
- Earnings per share (EPS) decreased to PKR 0.09 from PKR 0.36 year-on-year.
- Total revenue for the half year was PKR 42.21M, compared to PKR 61.16M in H1 FY2025.
- Operating profit before tax was PKR 7.56M, significantly lower than PKR 22.06M reported previously.
- The report is based on a limited scope review by auditors Parker Russell, confirming compliance with applicable accounting standards.
- The company's total assets stood at PKR 911.25B, with a slight decrease from PKR 911.55B at the end of 2025.
- Notable balance sheet items include a current portion of long-term financing increasing to PKR 52.33B from PKR 32.76B.
- The company is in the process of converting to a Shariah-compliant entity, with an extension for completion requested until September 2026.