According to financial results of NBP, the bank earned a net profit after-tax of Rs 8.70 billion in nine months of this calendar year, showing a rise of Rs 4.17 billion, compared with the same period last year. The earnings per share stood at Rs 14.74, compared to Rs 7.06 of last year.
The financial results of the MCB Bank for nine months ended September 2005 show that the bank recorded a net profit after-tax of Rs 5.38 billion, registering a growth against Rs 1.950 billion in the same period of last year.
The board of directors of the bank, which met in Lahore a couple of days back, also recommended a second interim cash dividend of Rs 1.50 per share (15 percent) for 2005. Total dividend for nine months ended on September 30, 2005, including Rs 1.75 of March 2005, stood at Rs 3.25 per share, registering a rise against total dividend in corresponding period last year, which was Rs 2.50 per share.