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KARACHI: Askari Bank Ltd posted profit after tax (PAT) from continued operations at Rs1.83 billion and earnings per share at Rs1.46 for the quarter ended March 31, as against PAT at Rs1.38bn and EPS Rs1.09.

Meanwhile, total income surged to Rs7.1bn, from Rs5.43bn.

Gharbiwal Cement profit dips 18pc: Gharibwal Cement recorded PAT at Rs820 million for 9MCY19, down 18pc year-on-year from PAT at Rs1.0bn.

EPS decreased to Rs2.05, from Rs2.50 while net sales fell 3pc to Rs8.28bn, from Rs8.51bn. Directors stated that the net sales revenue lowered by 3pc mainly because of decline in cement sales volume by 17pc.

Published in Dawn, May 4th, 2019