Bank of Punjab earns Rs3.62bn

Published
0

KARACHI: Bank of Punjab (BOP) reported profit after tax at Rs3.62 billion for the half year ended June 30, which translated into earnings per share at Rs1.37.

The bank recorded net income of Rs2.13bn and EPS at Rs0.79 for 2QCY20, up 0.4pc year-on-year.

Analysts said the silver lining in 2QCY20 results was the capital gain recorded in non-funded income of Rs3.7bn which shielded against the hefty provisioning booked at Rs2.8bn during the quarter.

Published in Dawn, August 28th, 2020

Opinion

Editorial

Lagging behind
Updated 15 Oct, 2026

Lagging behind

The immediate task is to contain inflation and protect vulnerable households without reviving unsustainable subsidies or excessive demand.
India voter purge
Updated 15 Oct, 2026

India voter purge

Earlier, the BJP and its Hindutva cohorts could get away with trampling the rights of Indian Muslims, but now their shenanigans are not working.
Multan derailment
15 Oct, 2026

Multan derailment

IN numerous states, including many of Pakistan’s neighbours, rail transport is a safe and affordable mode of...
Narrative confusion
Updated 14 Oct, 2026

Narrative confusion

The centre must say clearly how long it intends it to last, what it hopes to achieve in that time, and how the province’s elected mandate will be restored.
El Niño’s long reach
14 Oct, 2026

El Niño’s long reach

THE extraordinary El Niño gathering strength in the Pacific could make 2026 the hottest year on record, with 2027...
Deeper poverty
Updated 14 Oct, 2026

Deeper poverty

PAKISTAN’S poverty crisis is far deeper than official indicators suggest. While the government celebrates economic...