Latest Breaking News On - பொஜி உரம் பின் கேஸிம் வரையறுக்கப்பட்டவை - Page 1 : comparemela.com

July 30, 2021 KARACHI: Habib Bank Limited (HBL) net profit increased 18.7 percent to Rs18.029 billion for the half-year ended June 30, 2021, translating into earnings per share (EPS) of Rs12.04, a bourse filing said on Thursday. The bank earned Rs15.18 billion profit with EPS of Rs10.32 during the half year ended June 30, 2020. An interim cash dividend of Rs1.75/share was announce, that took 1H2021 cumulative dividend to Rs3.5/share. Analyst Umair Naseer of Topline Securities in his note said, “Earnings of the bank came in higher than industry expectations driven by better than expected provisioning charge and improve fee income.” Net interest income of the bank went up 2.8 percent to Rs64.864 billion in the 1H2021, from Rs63.075 billion in the same period last year. However, it declined 7.6 percent to Rs32.394 billion in Q2, from Rs35.061 billion in the same quarter last year. This was in line with estimates, as SBP had reduced policy rate.

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