KARACHI, Oct 30: Allied Bank Limited (ABL) has posted an operating profit of Rs6 billion reflecting a growth of 59 per cent as compared to the corresponding period of last year, says a press release.

The board of directors of the bank approved the accounts for nine months ended September 30, 2006 in the meeting held on Monday.

The profit after-tax was Rs3.4 billion against Rs2.1 billion during the same period last year registering a growth of 65 per cent. The earning per share jumped to Rs7.53 from Rs4.57.