Bank Al-Habib
PHOTO: FILE
As per the results, Bank AL Habib Limited continued its growth momentum and declared pre-tax profit of Rs10.53 billion for the period ended September 30, 2017 as compared to Rs9.39 billion in the corresponding period of last year, showing a growth of 12.1%. Profit-after-tax was recorded at Rs6.40 billion against Rs5.43 billion with a healthy growth of 17.9%. Earnings per share (EPS) of the bank were recorded at Rs5.76.
Bank Al Habib posts profit of Rs2.3b
Bank AL Habib Limited’s total asset base grew by 14.9% over December 31, 2016 to reach Rs864 billion. The bank showed an impressive growth in its financing portfolio, which increased by 15.5%, from Rs261.4 billion in December 2016 to Rs301.8 billion in Sept 2017.
Published in The Express Tribune, October 25th, 2017.
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