Zambia National Commercial Bank Plc reported unaudited earnings results for the six months ended June 30, 2012. For the period, the company reported total income of ZMK 324,065 million compared to ZMK 283,910 million a year ago. Profit before income tax was ZMK 117,574 million compared to ZMK 98,806 million a year ago.

Profit for the year was ZMK 74,203 million or ZMK 9 per diluted share compared to ZMK 56,369 million or ZMK 49 per diluted share a year ago. Cash flows from operating activities were ZMK 104,847 million compared to ZMK 92,587 million a year ago. Earnings per share is down due to the dilution arising from the bonus shares issued to enable the Bank comply with the new capital regulation.