Annual Report 2006 of Trust Investment Bank Limited

It is a broadly described annual report of Trust Investment Bank Limited in the year of 2006. During the financial year, Total assets of the Bank stood at Rs. 6,161,581,139 billion as against at Rs. 4,116,703,841 billion. Balance sheet footing stood at Rs. 6,161 million as against Rs. 4,117 million as at 30^th June 2005. Total revenues increased by 74 % to Rs. 733 million as against Rs. 420 million at 30^th June 2005. During the year, Operating profit before provisions and taxation of the bank Rs. 221,332,701 million. The Bank posted Profit before taxation Rs. 221,133,072 million. In 2006, The Bank achieved Profit after taxation Rs. 202,096,546 million. Earnings per share (EPS) of the bank for the year ended 2006 is Rs. 4.96 compared to Rs. 5.53 as at end of the year 2005.

The Board of Directors of the Bank is pleased to recommend a cash dividend of @15% (2005: @10%) and a stock dividend of @15% (2005: @20%) out of the profit for the year ended 30^th June 2006.

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