Askari Bank’s 9-mths profit up 87pc
KARACHI: Askari Bank Limited posted 87 percent increase in its profit to Rs13.237 billion for the nine months period ended September 30, 2020, translating into earnings per share (EPS) of Rs8.206, a bourse filing said on Thursday.
The bank earned Rs4.382 billion with EPS of Rs3.48 in the corresponding period last year. The bank didn't announced any interim cash dividend for the period under review.
The bank's profit went up 58 percent to Rs3.234 billion during the quarter, translating EPS of Rs2.56, while Rs1.250 billion with EPS of 99 paisas in the corresponding period last year.
Brokerage Arif Habib Limited in their research note said: “Net Interest Income of the bank settled at Rs22.5 billion during the nine months period, registering 39 percent growth YoY.
-
Bangladesh Sees High Turnout In Landmark National Election -
Lufthansa Cancels Hundreds Of Flights Amid Pilot And Cabin Crew Strike -
Video: Prince Harry Tears Up Talking Of His Court Case & Children: ‘Don’t Feel Shame Even If A Judge Makes Demands' -
King Charles Issues New Statement For ‘carers’ Two Days After Promising To Support Police Action Against Andrew -
Gene Simmons Makes Major Claim Against Rock & Roll Hall Of Fame -
Vladyslav Heraskevych Disqualified From Winter Olympics 2026 Over Helmet Controversy -
Late James Van Der Beek Inspires Bowel Cancer Awareness Post Death -
ByteDance’s New AI Video Model ‘Seedance 2.0’ Goes Viral -
Archaeologists Unearthed Possible Fragments Of Hannibal’s War Elephant In Spain -
Khloe Kardashian Reveals Why She Slapped Ex Tristan Thompson -
‘The Distance’ Song Mastermind, Late Greg Brown Receives Tributes -
Taylor Armstrong Walks Back Remarks On Bad Bunny's Super Bowl Show -
Pal Exposes Sarah Ferguson’s Plans For Her New Home, Settling Down And Post-Andrew Life -
James Van Der Beek's Impact Post Death With Bowel Cancer On The Rise -
Blake Lively, Justin Baldoni At Odds With Each Other Over Settlement -
Thomas Tuchel Set For England Contract Extension Through Euro 2028