INTERPRETATION:
The net profit margin of MCB has also shown an improvement as it’s raised to 48.02% in 2007 as compared to 47.10% in 2006. This signals towards higher efficiency and lower administrative cost of the Bank during 2006.
8.1.4 RETURN ON EQUITY:
Return on Equity = Profit After Taxation x 100
Share holders Equity
Return on Equity (2007) = 15265562 x 100 = 33.61%
45414156
Return on Equity (2006) = 12142398x 100 = 34.05%
35656675
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