Result: Bank AL Habib reports profit of Rs8.12 billion
The above entitlement will be paid to the shareholders
Loan up to 90% of deposit amount is also offered. PHOTO: FILE
KARACHI:
Bank Al Habib (BAHL) announced its 2016 result on Thursday posting a profit after tax of Rs8.12 billion (earnings per share Rs7.31), registering an increase of 10% year-on-year. The board of directors recommended a final cash dividend for the year at Rs3.5 per share (35%). The annual general meeting of the company will be held on March 1, 2017. The above entitlement will be paid to the shareholders whose names will appear in the register of members on February 17, 2017.
Published in The Express Tribune, January 27th, 2017.
Bank Al Habib (BAHL) announced its 2016 result on Thursday posting a profit after tax of Rs8.12 billion (earnings per share Rs7.31), registering an increase of 10% year-on-year. The board of directors recommended a final cash dividend for the year at Rs3.5 per share (35%). The annual general meeting of the company will be held on March 1, 2017. The above entitlement will be paid to the shareholders whose names will appear in the register of members on February 17, 2017.
Published in The Express Tribune, January 27th, 2017.