KARACHI: Meezan Bank Ltd recorded unconsolidated earnings of Rs11.5 billion for July-September, up 65pc on a year-on-year basis. A stock notice on Wednesday said the bank also announced an interim cash dividend of Rs2 per share.
`Strong profitability in Meezan Bank earnings was led by growth in the net spread earned, which grew 83pc year-onyear to Rs32bn in July-September,` said a note by Topline Securities.
ENGRO CORP INCOME UP: Engro Corporation Ltd announced on Wednesday its consolidated earnings for the third quarter of 2022 amounted to Rs8.02bn, up 31pc yearon-year. As for the first nine months of 2022, its earnings declined 33pc annually to Rs15.43bn, a stock notice showed.
The company announced a cash dividend of Rs10 per share for the last three-month period.-Staff Reporter