The Board of Directors of Soneri Bank Limited, in their 175th meeting held in Lahore on 13th February 2020, approved the Bank’s financial statements for the year ended 31 December 2019. The Bank posted profit before tax (PBT) of Rs. 3,247 million and profit after tax (PAT) of Rs. 1,906 million in the year 2019, as compared to Rs. 2,905 million and Rs. 1,784 million respectively in 2018, increasing by 11.78 percent and 6.86 percent respectively. These results have consequently improved the Bank’s EPS to Rs. 1.7289 per share in 2019 from Rs. 1.6179 per share in 2018. The Board of Directors has also announced cash dividend for the year ended 31 December 2019 @ 10 percent i.e. Rs. 1.00 per share. Net Interest Income (NII) for the year was reported at Rs. 7,926 million, improving by 14 percent year on year. The growth in net interest income was primarily due to improved volumes as well as spreads. Non-Interest Income ended lower than the prior period, mainly due to the impact of losses incurred on the Capital markets portfolio, while fee and commission earnings, dividend income and foreign exchange income all improved substantially by 9.89 percent, 28.30 percent and 15.46 percent respectively.