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Earning Releases at PSX

National Bank of Pakistan (PSX:NBP) reported a loss of Rs 4.3 per share for the 2nd Quarter ending June 2024. See Note Askari Bank Limited (PSX:AKBL) reported an EPS of Rs 3/- for the second quarter ending Ju 2024. NO cash dividend was declared. See Note Askari General Insurance Co Ltd (PSX:AGIC ) reported earnings for the second quarter ending Jun 2024. AGIC earned Rs 2.5 per share for the second quarter and declared an interim cash dividend of Rs 2 per share. See Note
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AKBL    Askari Bank Limited In FY 2021 'Investments' of Askari Bank increased over 36% over last year while 'Advances increased just by 20%. Consequently there was 2% decrease in 'Interest Earned' (Revenue). 'Interest Income' however increased by 5.8% due to lower 'Interest Expenses'. 'Provisions and Write offs' increased substantially over last year i.e. 24% of 'Profit before provisions' this year compared to less than 10% last year. Profit before Taxation declined by 11.9%. Download Annual Report FY21
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