KARACHI: Habib Bank Ltd on Wednesday announced financial results for the year ended Dec 31, 2020 posting a profit-after-tax (PAT) of Rs30.9 billion, translating into earnings per share (EPS) at Rs21.06.

The PAT jumped 101pc from Rs15.3bn and EPS at Rs10.45 in 2019. The bank recommended a final cash dividend of Rs3 per share, taking the total dividend pay-out for the year to Rs4.25.

ABL earnings rise 26pc

Allied Bank Ltd (ABL) declared consolidated PAT at Rs18.4bn and EPS at Rs18.05 for the year ended Dec 31, 2020. It represented an improvement of 26.89pc over PAT at Rs14.5bn and EPS at Rs12.65 for the previous year.

The board announced a final cash dividend of Rs6 per share for the year ended Dec 31, 2020, which was in addition to the interim dividends already paid at Rs2 per share.

Soneri Bank income jumps to Rs2.4bn

Soneri Bank Ltd (SBL) unveiled results for the year ended Dec 31, 2020 posting profit after tax at Rs2.4bn and EPS at Rs2.17, up 24.27pc over PAT at Rs1.91bn and EPS at Rs1.73 for 2019. The board recommended a final cash dividend of Rs1.25 per share.

Kohat Cement profit surges 1,406pc

Kohat Cement Ltd revealed PAT at Rs1.47bn and EPS at Rs7.33 for the half year ended Dec 31, 2020. The earnings recorded growth of 1,406pc from PAT at Rs98m and EPS at Rs0.49 for 1HFY20.

Published in Dawn, February 18th, 2021

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