Search
Close this search box.

Financial results of Meezan Bank Limited for Year ended June 30, 2021

Karachi, Meezan Bank Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on August 09, 2021.

The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2021 which portrayed a profit of Rs. 8,512,447.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The Bank was granted a ‘Scheduled Islamic Commercial Bank license on January 31, 2000 and formally commenced operations as a Scheduled Islamic Commercial Bank with effect from March 20, 2002. It is engaged in corporate, commercial, consumer, investment and retail banking activities.

The total number of shares are 1,414,722,747. The Earnings per shares of the Company is 15.67 in 2020 which was 10.77 in 20190. The Profit after Taxation of the Company is 22,165,606,000 in 2020 which was 15,232,074,000 in 2019.