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ABL reports higher profit

KARACHI : Allied Bank of Pakistan (ABL) has posted a higher profit after tax of Rs7.793 billion for nine months period e
Published Updated

 KARACHI: Allied Bank of Pakistan (ABL) has posted a higher profit after tax of Rs7.793 billion for nine months period ending September 30, 2011.

According to the financial results of the bank despatched to Karachi Stock Exchange here Thursday, the pre-tax profit surged to Rs11.712 billion for the period against Rs8.799 billion in 2010.

The earning per share also improved to Rs9.06 during the period under review compared to Rs6.84 last year.

 

Copyright APP (Associated Press of Pakistan), 2011

 

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