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The profit after tax of the Bank of Punjab (BoP) has increased to Rs 780.697 million translating an earning per share of Rs 2.03 in the quarter ended on March 31, 2007 as compared to PAT of Rs 584.966 million and an EPS of Rs 1.54 in the corresponding period in 2006.
In an information sent to the Karachi Stock Exchange (KSE), it was stated that the bank's profit before tax was Rs 1,025.897 million in the period under review against Rs 822.466 million in the same period last year.
The net mark-up/return/interest income of the bank stood at Rs 1,044.669 million against Rs 924.473 million while net mark-up/return/interest income of the bank after provision was Rs 963.371 million versus Rs 824.475 million last year.
On the other hand, non-mark-up/interest income increased to Rs 1,603.793 million in the three months period against Rs 1,205.873 million in the same period last year.

Copyright Business Recorder, 2007

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