Bottom line growth: Askari Bank announces 2015 results
The Bank’s total asset base reached Rs536 billion, registering a growth of 20 per cent during the year
Askari Bank announced annual financial results for the year ended December 31, 2015, showing a strong bottom line growth, well above the market expectation, a press release issued by the bank said. Profit before tax at Rs8.43 billion is showing an impressive growth of 46 per cent and profit after tax of Rs5.04 billion is reflecting a growth of 26 per cent, resulting in earning per share (EPS) of Rs4.0 against Rs3.19 for the last year. The Bank’s total asset base reached Rs536 billion, registering a growth of 20 per cent during the year.
Published in The Express Tribune, February 16th, 2016.
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