HBL registers Rs14.01bn profit during April-June 2024

Author: Agencies

HBL’s profit-after-tax for the April-June period of 2024 registered a 7% increase, clocking in at Rs14.01 billion compared to Rs13.08 billion in the same period of the previous year, according to consolidated results sent to the Pakistan Stock Exchange on Monday. Earnings per share (EPS) stood at Rs9.81 for the three-month period, compared to Rs8.86 in the same period of the previous year. Its six-month profit-after-tax for January-June stood at Rs29.06 billion, higher than Rs26.34 billion in the same period of 2023.HBL also announced a dividend of Rs4 per share for the second quarter, which was in addition to the same amount paid earlier in January-March. Brokerage house Topline Securities said the dividend and earnings were in line with expectations.

Share
Leave a Comment

Recent Posts

  • Editorial

Anticlimatic Ending

It was an incredible weekend in Pakistani politics only to end on an anticlimactic note.…

23 hours ago
  • Cartoons

TODAY’S CARTOON

23 hours ago
  • Op-Ed

The Unsettling Situation

We have apparently a democracy in the country with elected institutions that include the executive,…

23 hours ago
  • Op-Ed

Axis of Upheaval: New Era of Confrontation

‘For the powerful, crimes are those that others commit,’ Noam Chomsky once remarked, highlighting a…

23 hours ago
  • Editorial

‘Biased’ Sanctions

Just like men, some countries are more equal than others. Were it not so, the…

23 hours ago
  • Op-Ed

Understanding the High Risks of Chikungunya

Pakistan, similar to other Asian countries, is facing significant climate changes. Summers are becoming more…

23 hours ago