Hatton National Bank announced earnings results for the second quarter and first half ended June 2016. For the quarter, the company reported group profits increased by 14% to LKR 3.3 billion compared to a year ago. Strong income growth had helped to post the results. Basic earnings was LKR 8.56 per share, up from LKR 6.19 per share from a year earlier. Interest income rose 39% to LKR 19.4 billion and fee and commission income rose 23% to LKR 1.8 billion. For the first half, the company PBT improved to LKR 10 billion. PBT improved to LKR 9.1 billion by 50% while PAT grew to LKR 6.4 billion by 48.6% year over year. Interest income grew by 34.5% year over year to LKR 33.5 billion, driven primarily by the 23% year over year growth in the loan book. The net fee and commission income recorded an increase of LKR 691 million which is a growth of 26% year over year. The improvement in card business, trade finance as well as loan administration fees contributed towards this impressive growth in net fee income. Operating profit before VAT, NBT and corporate taxes increased to LKR 10.8 billion, by 48.3% year over year, while the total tax charge for first half of 2016 was LKR 4.4 billion. ROA was 1.7% and ROE was 19.4%.