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ABL reports higher profit

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According to financial results of the bank despatched to Karachi Stock Exchange here Thursday, the pre-tax profit surged to Rs 11.712

billion for the period against Rs 8.799 billion in 2010.

The earning per share also improved to Rs 9.06 during the period under review compared to Rs 6.84 last year.

Copyright AFP (Agence France-Presse), 2011