Barita Investments Ltd (BIL) has released their June 2021 (Q3) numbers. Here are the highlights.
This Quarter (2021Q3) vs Same Quarter Last Year
- Operating Revenue totaled $2.64b vs $1.51b (74.77%)
Significant growth in Fee & Commission income, Net interest income and FX gains. Fee & Commission income is their largest income line item and they managed to more than double it from $633m to $1.4b
- Net Income was $1.61b vs $990.86m (62.12%)
Continued growth in profits, driven top-line growth, despite the almost tripling of operating expenses in this quarter vs last year. As it relates to expenses, Admin expense was the largest mover but management says this is reflective of their investment in the business to drive growth
This is just a summary. For more charts, ratios and other details visit BIL’s page here