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KARACHI, Oct 24: Pre-tax profit of Allied Bank jumped by 20 times to Rs3.394 billion during the third quarter ended September 30, 2005, as compared to Rs163 million in the same period last year.
According to an announcement here on Monday, the ABL board of directors had approved the accounts. The net mark-up income surged by 281 per cent to Rs5.518 billion during the period under review compared to Rs3.109 billion in the same period last year.
Post-tax profit escalated to Rs2.209 billion in the third quarter compared to a loss of Rs33 million in the same period last year.—APP
