LAHORE – Soneri Bank’s Board of Directors reviewed accounts for the period January-March, 2011 and were satisfied with results of the Bank, considering a very competitive market environment.
The Bank reported a profit before tax of Rs 435.084 million, up significantly from Rs 33.170 million generated in the same period last year. The profit after tax also rose to Rs 303.387 million from Rs 40.380 million in the previous corresponding quarter of 2010. This translated into earning per share (EPS) of Rs 0.50.
