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