MCB Bank earns Rs18.1bn in three months

MG News | October 24, 2024 at 09:56 AM GMT+05:00

0:00

October 24, 2024 (MLN): MCB Bank Limited (PSX: MCB) reported a profit-after-tax (PAT) of Rs18.13 billion in the quarter ending September 2024, a decrease of 7.8% against Rs19.66 billion recorded in the same period of the previous year (SPLY).

That translates to an earnings per share of Rs15.27, higher than the analysts' estimates of Rs14.77 per share.

The bank also announced an interim cash dividend of Rs9 per share i.e. 90% for the nine months ended on September 30, 2024. This is in addition to an interim dividend(s) already paid at Rs18 per share i.e. 180%.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	163,098.19 607.60M	-0.87% -1432.62
ALLSHR	99,276.25 1,397.26M	-0.80% -801.63
KSE30	50,184.56 221.88M	-0.89% -450.56
KMI30	238,333.52 129.55M	-1.13% -2718.46
KMIALLSHR	65,792.54 685.73M	-0.99% -655.65
BKTi	45,653.52 111.72M	-1.00% -461.31
OGTi	32,313.25 10.70M	-1.57% -516.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	114,520.00	0.00 0.00	-2470.00 -2.11%
BRENT CRUDE	62.09	65.36 62.00	-3.13 -4.80%
RICHARDS BAY COAL MONTHLY	81.00	81.00 81.00	-1.60 -1.94%
ROTTERDAM COAL MONTHLY	90.50	0.00 0.00	0.40 0.44%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	58.24	0.00 0.00	-0.66 -1.12%
SUGAR #11 WORLD	16.10	16.35 15.97	-0.16 -0.98%