Pan Asia Banking Corporation PLC reported earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net interest income of LKR 1,054,712,000 against LKR 1,095,350,000 a year ago. Total operating income was LKR 1,501,089,000 against LKR 1,540,291,000 a year ago. Net operating income was LKR 1,479,016,000 against LKR 1,295,329,000 a year ago. Profit before tax was LKR 451,186,000 against LKR 455,986,000 a year ago. Profit for the period was LKR 302,116,000 against LKR 300,240,000 a year ago. Earnings per share were LKR 4.06 against LKR 4.04 a year ago. For the nine months, the company reported net interest income of LKR 3,392,520,000 against LKR 2,920,735,000 a year ago. Total operating income was LKR 4,665,496,000 against LKR 4,211,265,000 a year ago. Net operating income was LKR 4,386,040,000 against LKR 3,524,137,000 a year ago. Profit before tax was LKR 1,394,187,000 against LKR 1,091,830,000 a year ago. This growth is especially noteworthy given that it was achieved on the back of a modest growth in core-banking operations and fee/commission based income owing to challenging market conditions. Profit for the period was LKR 905,774,000 against LKR 750,963,000 a year ago. Earnings per share were LKR 4.09 against LKR 3.40 a year ago. Net cash generated from operating activities was LKR 6,206,808,000 against LKR 1,946,378,000 a year ago. Acquisition of property, plant and equipment was LKR 152,411,000 against LKR 147,270,000 a year ago. Return on assets was 1.03% against 1.14% a year ago. Return on equity was 19.72% against 19.94% a year ago.