KARACHI: Soneri Bank Ltd on Thursday announced that its profit-after-tax (PAT) fell 2.8 per cent to Rs5.901bn in 2024 from Rs6.075bn in the preceding year.
At the 33rd Annual General Meeting (AGM) held in Lahore on Thursday through a video link via Zoom, shareholders approved the bank`s annual audited financial statements for the year ended Dec 31, 2024.
Earnings per share (EPS) eased to Rs5.35 from Rs5.51in 2023.
The AGM also approved a final cash dividend of Rs1.75 per share in addition to the interim cash dividend of Rs1.25 per share already paid.The bank`s net interest income for the year was reported at Rs24.948bn, increasing by 9.62pc from Rs22.759bn in 2023, while non-interest income increased by 4.58pc to Rs6.755bn against Rs6.459bn in the preceding year.