KARACHI: The Bank of Punjab (BoP) on Tuesday announced a profit-after-tax (PAT) of Rs11.3bn with earnings per share (EPS) at Rs3.47 in 2023, up from Rs10.8bn and EPS Rs3.31 in 2022.

The board of directors reviewed and approved the bank’s annual audited financial statements for the year ended Dec 31, 2023.

The board announced a cash dividend of Re1 per share.

Interloop profit doubles

Interloop Ltd announced a 115pc surge in its PAT to Rs9.85bn in July-December 2023 as compared to Rs4.58bn in the same period of 2022.

As per the consolidated result, net sales soared to Rs74bn from Rs53bn in July-December 2022. Earnings per share rose to Rs7 as compared to Rs3.27.

During 2QFY24, the company made a profit of Rs3.8bn as against the loss of Rs375m in the same period FY23. Sales clocked in at Rs35bn from Rs22bn.

Published in Dawn, February 21st, 2024

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