The consolidated profit after tax of Habib Bank Limited (HBL) increased to 3.575 billion in the quarter ended September 30, 2008 as compared to Rs 3.546 billion earned in the corresponding period a year back. The bank''s earning per share increased to Rs 4.69 in the period under review against Rs 4.64 in the same period of last year.
The board of directors of the bank in its meeting held here on Friday did not recommend any dividend, bonus, right or other entitlement for shareholders based on the results.
According to financial results, the bank''s mark-up/return/interest income increased to Rs 16.931 billion in this quarter against Rs 13.476 billion in the same quarter of last year, while the non-mark-up/interest income increased to Rs 3.431 billion against Rs 2.467 billion. The bank''s mark-up/return/interest expenses also increased to Rs 7.182 billion in this period against Rs 5.252 billion in the same period of last year. The HBL profit before tax stood at Rs 5.704 billion in this period against Rs 5.903 billion in the same quarter of last year.