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Soneri Bank announces first quarter results for 2021


Daily Times
May 1, 2021
The Board of Directors of Soneri Bank Limited, in their 184th meeting held in Lahore on 28th April 2021, approved the Bank’s condensed interim financial statements for the quarter ended 31 March 2021.
The Bank posted profit before tax (PBT) of Rs. 1,276 million and profit after tax (PAT) of Rs. 782 million for the quarter ended March 2021, as compared to Rs. 684 million and Rs. 407 million respectively in the same period last year. The Bank’s EPS was recorded at Re. 0.7092 per share for the current reporting quarter, as compared to Re. 0.3696 for the comparative prior period, indicating an impressive growth of 92 percent. The Bank’s Net Interest income for the quarter was reported at Rs. 2,720 million, improving by 28.98 percent against Rs. 2,109 million reported for the same period last year. Non ....

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